Developer Suing JV Partner Over $500M Amazon Data Center Deal
Amazon, a developer and a financial firm are trading counteraccusations of fraud involving a Northern Virginia data center deal.
Source: bisnow.com
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IPI Partners' $3.8bn Fund II close validates data center investment strategy
2 Data center investor IPI Partners has hauled in a hefty $3.8bn for its second fund targeting the sector. The raise brings IPI’s total capital raised to $5.25bn. IPI is co-sponsored by ICONIQ Capital and an affiliate of real estate private equity investor Iron Point Partners. IPI II will focus on acquiring, developing, leasing and operating data centers and related assets that serve the digital capacity needs of large, high-quality technology companies across the globe. The firm began investing Fund II last year, and recently closed a buyout of Milan-based data center platform Supernap Ita...
Source: altassets.net