Matthew Gooding

1 week ago | datacenterdynamics.com | Matthew Gooding

Two new data center projects in the suburbs of French capital Paris have been put out for consultation. Residents in the department of Val-de-Marne, located south of Paris, are currently having their say on a plan from Segro to build a data center at the Petits Carreaux business park near Bonneuil-sur-Marne, and a scheme from Icade which would see a hyperscale facility constructed at its Paris-Orly Business Park in Rungis.

1 week ago | datacenterdynamics.com | Matthew Gooding

Plans for a gas power plant and data center campus on 750 acres of land in Virginia’s Pittsylvania County have been withdrawn for a second time, with the developer saying it could build houses instead. Councillors on the Pittsylvania County Board of Supervisors had been due to consider a rezoning application from the project’s developer, Balico LLC, at a meeting today, Tuesday, April 15. But the company has now withdrawn its application.

2 weeks ago | datacenterdynamics.com | Matthew Gooding

Blackstone is reportedly considering the sale of two of AirTrunk’s data centers in Australia. The investment manager bought APAC operator AirTrunk in a blockbuster $16.1 billion deal last year, but is now considering parting with the firm’s facilities in Sydney and Melbourne. Selling the two data centers could raise up to AU$4 billion ($2.6bn), which Blackstone would reinvest in AirTrunk, helping the firm expand into new markets.

3 weeks ago | datacenterdynamics.com | Matthew Gooding

US President Donald Trump’s wide-ranging “liberation day” tariffs have sent the global financial markets into turmoil and could have a profound impact on the data center industry. The new sanctions, announced by Trump at a press conference on Wednesday, April 2, and due to come into force this weekend, will see a baseline tariff of 10 percent placed on imported goods coming into the US.

3 weeks ago | datacenterdynamics.com | Matthew Gooding

PGIM Real Estate has closed a $2 billion fund to back data center developments around the world. The investment manager said it had completed fundraising for the Global Data Center Fund (GDCF), which makes investments across North America, APAC, and Europe. News of the fund was first reported in May 2024, though it has been active since 2023, when it raised an initial $450 million. Morgan Laughlin, PGIM’s global head of data center investments, leads the fund.