T5 Data Centers and QuadReal set to launch US$2.5bn data centre development platform

By Marcus Lawrence
Leading computer environment developer T5 Data Centers and real estate investor QuadReal Propety Group have announced their intention to launch a co-dev...

Leading computer environment developer T5 Data Centers and real estate investor QuadReal Propety Group have announced their intention to launch a co-developed platform for the development, acquisition and management of data centres.

The platform will be capitalised to develop and acquire over US$2.5bn state-of-the-art data centre facilities, striving to meet the exponentially-increasing demands of enterprise and hyperscale clients worldwide.

T5 will provide its more than 10 years’ experience in the development of customisable data centres with the weight and scalability of QuadReal’s property-related capabilities.

“The data center market continues to experience very strong growth, driven by the accelerating digitalization of information,” said Jameson Weber, Head of Special Situations for QuadReal, in the firms’ joint press release. 

SEE ALSO:

“This strategic investment puts us in a very unique position to participate in this growing market alongside a trusted company with a proven track record in data center development, construction, and management. 

“T5 Data Centers is the logical partner to help us build a long-term business in tech-related real estate while ensuring our users receive the highest levels of service and security for their mission-critical data.”

Pete Marin, CEO of T5 Data Centers, added:

“Our alliance with QuadReal is a game-changer for current and future customers in the enterprise and hyperscale markets, allowing us to build the world’s most advanced and customized data center facilities faster and at scale in strategic markets in North America and beyond.

“This is the first step in our next decade of strategic growth, market leadership, and best-in-class customer service.”

Share

Featured Articles

How Zscaler AI Innovation is Powering Data Protection

With its AI-powered Data Protection Platform, Zscaler is delivering cutting-edge innovations to provide comprehensive data security

How NetApp Unified Data Storage is Powering the AI Era

With powerful unified storage, NetApp is enabling organisations to accelerate AI innovation and unlock the full potential of their data assets

Tech & AI LIVE London – One Week to Go

Just one more week to go until Tech & AI LIVE returns to the virtual stage – May 21 2024

What Adam Selpisky’s Shock Departure Means for AWS

Digital Transformation

SAP & FC Bayern: Technology Drives Efficiency & Scalability

Digital Transformation

EY: Tech CEOs Double Down on Tech, Data & Cyber Investments

IT Procurement