Investing

Aiming to collect $1 billion in fresh capital in coming years, the fund will go after multifamily, industrial, data centers, life sciences, and other property types.

The deal values Iliad at about 10.85 billion euros ($12.9 billion), according to Bloomberg calculations.

A seasoned REIT executive, Duncan hadn’t had any experience in the data center business when he was appointed last year.

Its data center chip sales to hyperscalers like AWS and Google dropped 20 percent in the second quarter.

The listed entity will own about 10 data centers from around the world, valued around $1 billion, sources said.

The investor has agreed to take one of the world’s largest data center providers private. Here's what you need to know.

The company's CEO said he's already sold 90 percent of what he can supply this year by taking orders that he won't allow to be canceled.