PGIM's $2B Server Farm Harvest: Money in the Matrix
Key Points
- PGIM Real Estate has launched a $2 billion Global Data Centr...
Ever wondered where your cat videos and meme collections live? PGIM Real Estate just put $2 billion on the table betting they know exactly where - in shiny new data centers across the globe.
From Bytes to Big Bucks
In a move that has server racks trembling with excitement, PGIM Real Estate has closed its Global Data Centre Fund (GDCF), proving that housing computers is now sexier than penthouse suites. Morgan Laughlin, PGIM's global head of data centre investments, probably needed an extra hard drive just to store all the investor interest.
Silicon Dreams in Concrete Schemes
The fund'...
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