Vantage Data Centers, a specialist in hyperscale data centre campuses owned by Digital Bridge Holdings, Canada’s PSP Investments, and TIAA Investments, is to develop its first asset in London worth £500 mln (€564 mln).
The site is nearly five acres within the PowerGate neighbourhood of North Acton, an established data centre area in the northwest part of the city.
It will total 430,000 ft2 across two 24MW multi-story data centres once fully developed. The first facility will open its doors to hyperscale customers and cloud providers in late 2024, which will mark Vantage’s 11th campus in EMEA.
‘Vantage has experienced rapid growth over the past three years as we continue developing state-of-the-art data centre campuses across EMEA,’ said Antoine Boniface, president EMEA.
London is the largest of the FLAP (Frankfurt, London, Amsterdam and Paris) data centre markets. Findings from Structure Research indicate that hyperscale data centre offerings currently account for 48% of the London market, which is projected to grow to 66% by 2027.
