Global Technical Realty (GTR), a $1 billion European build-to-suit acquisition data center platform, with KKR has launched a new 10.5-megawatt data center near Tel Aviv in Petah Tikva, Israel’s premier data center hub.
Andrew Peisch, director at KKR, said, “Israel is an entrepreneurial hub for high-tech innovation and an important market for our data center strategy in EMEA. We are pleased to make this investment in a high-quality project to help accelerate the digital transformation that is underway in the region.”
The data center will be a secure underground site, built to suit hyperscale specifications, comprising 4,800 square meters (51,667 square feet) across two floors, with each floor offering 8 megawatts and 2.5 megawatts of IT capacity, respectively. GTR will be designing the leading-edge facility with existing construction partner, Mercury, directing and managing the build process. The project will be built to a N+1 Tier III Infrastructure rating, offer