Investing

Prudential, Digital Realty Deal Could Boost Data Center Investment

This data center in Sunnyvale, Calif. is among those included in a new joint venture between Digital Realty and Prudential Real Estate Investors. (Photo: Digital Realty)

Prudential Real Estate Investors (PREI) has teamed with Digital Realty Trust on a $369 million joint venture to operate fully-leased corporate data centers..By packaging properties with high-quality corporate tenants, Digital Realty (DLR) has made the portfolio attractive to “core” real estate investors like Prudential and boost data center investment. Read More

QTS Confirms Plans for IPO, Major Expansion

A view of the rows of racks packing a pod inside the QTS Downtown Atlanta data center.

QTS (Quality Technology Services) has confirmed plans for a $300 million initial public offering (IPO) that will help fund a major expansion of the company’s footprint, focused on its massive data centers in Dallas, Richmond and Atlanta. Read More

Report: QTS Planning to Go Public in IPO

An overhead view of a Quality Technology Services data center in the Atlanta area.

Bloomberg reported Tuesday that QTS (Quality Technology Services) is planning to pursue an IPO, citing “people with knowledge of the matter,” who say the company is working with Goldman Sachs and Jefferies Group on the offering. Read More

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