NEWS
Data campus to target global tech following new funding deal
he development of a major new 700,000 square feet data centre campus in Sutton , Cambridgeshire , targeting
T the county ’ s cluster of global tech operators , has taken a major step forward after the site ’ s owners agreed to a new funding package .
Sol Zakay ’ s privately owned property investment company , Topland Group , has agreed to refinance Camro Data Park on behalf of Lasercharm through a £ 9.25 million , two-year facility from its structured finance division . shortage of power in London , this location will prove to be a key data centre growth area .
The topography of the site and local climate conditions allows a data centre to operate efficiently with minimal use of energy for cooling systems . With ESG being a key consideration for all potential data centre occupiers , this efficiency will feed perfectly into the current design narrative .
The 43-acre park has outline planning permission for a new data centre facility that would be among some of the biggest in the UK .
Lasercharm will now seek detailed consent before marketing the site to a specialist developer , occupier-developer or cloud service provider during the term of this new loan .
Located in the heart of the UK ’ s so-called ‘ Golden Triangle ’ – between Cambridge , Oxford and London – the site is ideally situated to capitalise on the thriving technology clusters based in the region , as well as providing large scale capacity for technology communities of interest . With the ever-increasing
Global investment in data centres more than doubled in 2021
he total investment in global data centre infrastructure more
T than doubled in 2021 – up from US $ 24.4 billion in 2020 to US $ 53.8 billion in 2021 . The total number of data centre transactions increased by 64 % in the same period , up from 69 in 2020 to 113 in 2021 ; according to a report by DLA Piper , entitled The meteoric rise of the data centre : Key drivers behind global demand . The report surveyed 100 senior executives from infrastructure , equity and debt provider firms and data centre developers from around the world .
The extraordinary growth is expected to continue in 2022 , supported by the fact that there have been 41 transactions , worth US $ 21.3 billion , for the current year . This is an increase of over 100 % compared to the same period last year and almost as much as the combined annual value seen in both 2019 and 2020 . Just under half of developers ( 45 %), 56 % of debt providers and 67 % of equity investors are planning to invest in four or more data centre projects in the next 24 months ; up from 10 %, 27 %, and 37 % respectively , who invested in four or more data centres in the past 24 months . The record-breaking demand for data centres is driven by the growth of hyperscalers , which have thrived amid the transition to cloud service which has itself been escalated by the pandemic . �
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