Real estate broker group Knight Frank has leased and is in the process of brokering data centre developments in London in the excess of £1.53 billion (US$2.03 billion). A total of 166.5 acres of land in the capital’s region have been transactioned, with an IT power capacity pushed to nearly 1GW across ten locations. LOCATIONLAND SIZEVALUEIT POWER PLANNEDSlough40-a...

Zain KSA’s Board of Directors has approved the final offers submitted by the Public Investment Fund (PIF), HRH Prince Saud Bin Fahad, and Sultan Holding Company to acquire 80% of Zain KSA’s tower infrastructure comprising of 8,069 towers, valuing these assets at SAR 3,026 million (US$807 million). The Final Offers come after Zain KSA’s Board of Directors received an i...

Saudi Arabia’s largest telecom player Saudi Telecom Company (stc) (TADAWUL: 7010) has opened a data centre in the Al-Qassim Province, 400Km from Riyadh. The facility encompasses 12,000 square meres and has been designed in line with the Kingdom’s digital ambitions under the Saudi 2030 plan. The facility was opened by Prince Faisal bin Mishaal bin Saud, Go...