Knowledge middle operator <-bsp-bb-link state=”{“bbHref”:”bbg://securities/1245609Dpercent20FPpercent20Equity”,”_id”:”0000018f-1fe0-d583-afbf-dffcaf460000″,”_type”:”0000016b-944a-dc2b-ab6b-d57ba1cc0000″}”>Data4-bsp-bb-link> plans to create a brand new campus in Milan known as “Mil02” in an effort to broaden its Italian attain.
The corporate bought a 77,000-square-meter (829,000 sq. toes) parcel of land the place it can construct eight knowledge facilities, in response to a press launch on Saturday. The power shall be its second funding in Italy, after establishing one other middle that’s additionally near Milan.
The brand new campus – in Vittuone, west of town – is anticipated to be accomplished by 2027 and represents an actual property funding of €500 million ($535 million).
“For the event of …