CyrusOne secures $687m SASB loan for Dallas data centre
CyrusOne has secured a US$687.1 million Single Asset Single Borrower (SASB) CMBS loan for CyrusOne’s DFW1 data centre, the company’s inaugural CMBS issuance. This transaction brings CyrusOne’s total capital raised this year to nearly US$12 billion. Eric Schwartz, Chief Executive Officer...
July 18
DTCP closes $450m Growth Equity III Fund
Investment management firm DTCP has finalised the DTCP Growth Equity III Fund and an initial closing of an additional B2B early stage investment fund, amassing a total of US$450 million. This builds on its predecessor DTCP Growth Equity Funds, GE I and GE II, and underscores the firm's commitment to digitisation and automation within the investment landscape including withi...
July 03
The Tech Capital celebrates three years of excellence in digital infrastructure journalism
London, UK, June 14, 2024 – The Tech Capital, a Mondego Media Group-owned digital media, reports, and events platform business, is proud to celebrate its third anniversary. Over the past three years, The Tech Capital has emerged as a leading voice in TMT journalism, providing insightful and engaging content in the fast-paced world of digital infrastructure. The Tech Capit...
June 14
MENA data centre spending to drop to $4.8bn in 2024
Data centre spending in the Middle East and North Africa (MENA) region is expected to drop 0.3% in 2024 from US$4.83 billion last year to US$4.8 billion. The systems in data centres consist of servers, external controller-based (ECB) storage, and enterprise network equipment. According to Gartner, Inc., the forecasted decline can be attributed to a decrease in regional s...
June 14
A morning briefing on what you need to know in the day ahead, including exclusive commentary from Tech Capital's writers
