IBI raising $200m digital infrastructure fund

One of the warm tendencies in income-producing actual estate is server farms, created for computing and technological innovation giants this sort of as Amazon, Microsoft, and Google. It really is a rapid-increasing area very last calendar year regional corporation Azrieli Group lately entered it with the acquisition of a server farm company in Norway.

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IBI Investment decision Home is informed of the curiosity that the server farm small business is producing, and its Volcano fund, owned jointly with Ziv Sapir, who serves as the fund’s running partner, has determined to set up a new fund aimed at raising a minimal of $200 million. The hard cash will be earmarked for acquisition of datacenters and related tasks. The fund elevating spherical will get underway this August, and the fund defines its action as concentrating on digital infrastructure that is, aside from datacenters, finance for fifth generation mobile networks.

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Volcano is a quite younger debt fund, set up in May possibly very last year. It has recently completed the boosting of NIS 1 billion for loans to big money-generating authentic estate providers in the US for workplaces, warehouses, logistics centers, residential clusters, and server farms.

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Revealed by Globes, Israel business enterprise news – en.globes.co.il – on May 26, 2022.

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© Copyright of Globes Publisher Itonut (1983) Ltd., 2022.

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