Eurazeo is investing €100m in European data centres through a partnership with Metrobloks.
The investment firm, through its newly launched EZORE fund, has partnered with data centre developer Metrobloks to develop assets at the edge of urban centres.
The strategy involves acquiring land, developing and operating data centres in established tier-one and emerging tier-one markets, including Milan, Madrid, Lisbon, Berlin and Manchester.
Eurazeo said it will contribute financial, strategic and human resources.
Pierre Larivière and Riccardo Abello, co-heads real estate at Eurazeo, said: “Metrobloks’ innovative approach to data-centre development aligns perfectly with our investment strategy focused on sustainable and high-growth real estate. Through this strategic partnership, we aim at penetrating the rapidly expanding data-centre sector, capitalising on its high potential.
“We are particularly enthusiastic about this collaboration given the outstanding profile of the Metrobloks team and are committed to supporting the platform’s development and achieving significant success together.”
Ernest Popescu, CEO at Metrobloks, said: “We are thrilled to partner with Eurazeo to deliver next-generation data centre solutions to meet the evolving needs of the digital economy.
“Eurazeo’s deep understanding of real estate investment and their commitment to sustainability makes them an ideal partner as we expand our footprint in Europe.”
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