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Macquarie Asset Management has struck a deal with ST Telemedia Global Data to acquire a significant minority stake in Virtus Data Centres, which provides colocation and cloud connectivity services to blue-chip clients.
Its portfolio comprises 11 data centre facilities in Greater London with a combined capacity of over 180 MW, and an initial 100 MW pipeline of projects under consideration in prime locations across the UK and Europe.
Nathan Luckey, a Senior Managing Director at Macquarie Asset Management, said: “London’s data centre market is expected to continue seeing increased absorption levels, driven by strong demand for hyperscalers.”
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