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Transactions - JUNE 16, 2021

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KKR-backed GTR to develop 40MW facility in U.K.’s data center hub

by Kali Persall

Global Technical Realty (GTR), a $1 billion European build-to-suit acquisition data center platform backed by KKR, has partnered with SEGRO to develop a 40.5-megawatt data center campus in the United Kingdom.

The facility will be located in the United Kingdom’s premier data center and communications hub, which currently houses 90 percent of London data center demand. The site will consist of three independent data centers capable of operating individually, or as one interlinked campus. Each building will accommodate more than 5,375 square meters (57,856 square feet) of net technical area and an additional 13.5-megawatt IT load. The campus, which will be the largest in the area upon completion, is being designed to meet demand from high-growth global technology companies.

The development will be delivered in two phases and is expected to be fully operational in the fourth quarter of 2022.

This represents GTR’s first investment in the United Kingdom since the

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