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Principal Global Investors reach $2bn mark in data centre investments

“Data centres will remain appealing investment opportunities,” says group’s director as a new US$175 million tranche is announced for data centre expansions in Europe.

By João Marques Lima

Founder and Editor, The Tech Capital

3 Mins

February 24, 2022 | 3:17 AM GMT

Principal Real Estate, the real estate investment team for Principal Global Investors, has acquired and developed to date data centre assets worth €1.75 billion (US$1.97 billion).

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João Marques Lima

Founder and Editor, The Tech Capital

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