Publications

Investors - OCTOBER 14, 2019

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

Actis fund invests in data center firm

by Andrea Zander

Chayora Holdings, a data center designer and operator specializing in China, has secured $180 million from its investor Actis Asia Real Estate Fund, managed by London-headquartered firm Actis.

Chayora will use the capital to develop a pair of hyperscale facilities in the company’s 2.3 million-square-foot, 80-acre campus, TJ1 Tianjin campus, 75 miles southeast of Beijing. The project totals $250 million.

“The close working relationship we have developed with the Actis team is valued and we are very pleased to have concluded [the] agreement for the significant commitment being made to Chayora in this funding round. For Actis and Chayora, this underlines our strategic and long-term plan to create a leading data center business in China to support market access by the world’s leading online services businesses,” said Oliver Jones, CEO, Chayora.

Forgot your username or password?

We use cookies and other tracking technologies to personalize your user experience on our site and perform site analytics. By clicking on “I accept”, you consent to our Privacy Policy.