To read this full article you need to be subscribed to Newsline.Sign in Sign up for a FREE subscription
National Real Estate Advisors contributes additional $50m to Sabey Data Center Properties
National Real Estate Advisors and its operating partner, Sabey Corp., have announced an additional $50 million investment in Sabey Data Center Properties (SDCP).
The investment was made via the National Data Center Fund, an open-end real estate investment fund designed to complement the portfolios of institutional investors seeking concentrated exposure to data centers and affiliate co-investment vehicles.
The vehicle has more than $1.1 billion invested in SDCP.
“We are excited to announce this new investment in SDCP and begin deploying this capital with Sabey Corporation in the construction of new buildings on our existing and proposed data center campuses,” said Jeffrey Kanne, president and CEO of National Real Estate Advisors. “This investment aligns with our commitment to providing institutional investors with access to high-quality, high-performing real estate assets. The data center sector has shown remarkable growth in recent years, and we are confi