The investment firm is launching Global Technical Realty, in order to develop and build data centers across europe, primarily servicing large tech firms. At least, this is what is expected as no official word has been given yet. More and more PE firms are interested in Data Centers as the global demand for cloud offerings continues to grow, surging now especially due to the COVID-19 pandemic - this on the back of more than 100 M&A deals involving data centers in 2019.
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