Transactions - AUGUST 8, 2022

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Compass Datacenters enters European data center market in JV with Milan

by Andrea Zander

Compass Datacenters and Hines have acquired land in the Milan metro area with the intention of building one of the largest data center campuses in Italy.

The 2.3 million-square-foot Noviglio site aims to support more than 48 megawatts (MW) of IT load. Construction is expected to begin in 2023.

The joint venture marks the entry of Compass Datacenters, a data center developer, into the European market for the first time, and is anticipated to be the first data center project to be delivered by Hines in Europe.

“Building our first European campus in Milan is a major step in Compass’ global expansion strategy. Its geographic location, undersea-cable connectivity, robust fiber availability and affordable power makes it an ideal location for hyperscalers,” said AJ Byers, president and chief development officer at Compass Datacenters. “Hines’ vision for Italy aligns with our own, and our combined resources should accelerate the timeline for customer availabil

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