D A T A C E N T R E P R E D I C T I O N S
fitted data centre, alongside a highly experienced partner with an excellent track record of delivering world-class facilities to global hyperscalers.
“ We expect this project to deliver an attractive risk-adjusted return and it will also help further strengthen SEGRO’ s expertise in this area, enabling us to optimise and accelerate the significant value creation opportunity within our portfolio.”
Dame Dawn Childs, CEO, Pure DC, said:“ SEGRO choosing to enter into a joint venture with Pure DC for its first fully fitted data centre development demonstrates our capability to create world-class digital infrastructure. Together we will develop a 56MW data centre in central London capable of handling next-generation cloud and AI workloads.
“ This joint venture demonstrates Pure DC’ s ability to scale in a rapidly expanding market, creating fresh opportunities for growth and investment. With over 500MW of data capacity in development or operation, Pure DC brings deep expertise building data centres and working alongside hyperscalers. SEGRO Park Premier Road, Park Royal is one of London’ s most sought-after data centre locations and will help support the UK’ s ambitions for digitalisation.”
The SEGRO Pure Premier Park Data Centre Limited is a 50:50 joint venture with Pure DC created with the intent to develop and deliver a fully fitted data centre in Park Royal, West London.
It brings together a 10-acre super-prime industrial site owned by SEGRO and
70MVA of power secured by Pure DC and represents a highly attractive and profitable opportunity to deliver a data centre in a land and power-constrained key London Availability Zone where there is strong underlying demand; and allows SEGRO to benefit from Pure DC’ s technical expertise in data centre fit-out and track record of working with hyperscalers.
The joint venture intends to develop a c. 30,000 sq m fully fitted, three-storey, data centre on the edge of SEGRO Park Premier Road, West London, constructed to the highest sustainability standards, in line with SEGRO’ s Mandatory Sustainability Policy and Pure DC’ s Healthier Earth commitments and will deliver what is pitched as a highly energy efficient solution.
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