BlackRock, through its European value-added real estate series, has announced plans to commit up to £500 million (€578 million/$681 million) to an investment program delivering next-generation enterprise data centers across the United Kingdom, supporting evolving demands from businesses for high-density compute capabilities.
Boosting the United Kingdom’s overall data center capacity, the program will finance the modernization of operational enterprise data centers to better serve blue-chip companies with enhanced hybrid cloud solutions.
The investment program will be delivered by a newly launched data center operating platform called Gravity Edge, which is a joint venture between BlackRock and DGP, a specialist digital infrastructure investor and adviser. The platform’s strategy will acquire, expand and refurbish enterprise data centers in key U.K. markets where supply has been constrained by power availability. Gravity Edge will bui
