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Dubai's Damac Group eyeing $1bn data centre investment in Germany

The capital targeted at the tech sector follows on from last year’s US$1 billion launch of Emirati data centre startup Edgnex which is already working on sites in Saudi Arabia, Turkey and Ireland.

By João Marques Lima

Founder and Editor, The Tech Capital

3 Mins

August 23, 2022 | 11:21 AM BST

Dubai's Damac Group eyeing $1bn data centre investment in Germany

Hussain Sajwani, founder of global property development company, DAMAC Properties and founder and Chairman of the DICO Group of Companies. Source: Hussain Sajwani

Dubai's Damac Group is ramping up its investment efforts in data centres with a potential €1 billion (US$1 billion) deployment in Germany further expanding its digital infrastructure play in Europe.

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João Marques Lima

Founder and Editor, The Tech Capital

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