PGIM Real Estate has raised $2 billion of equity commitments for its first investment vehicle dedicated exclusively to the data center sector. Its Global Data Center Fund will develop, lease, and sell hyperscale data centers and will target opportunistic investment returns. It didn’t say what those returns might be, but they’re believed to be at […]

The post PGIM Real Estate Raises $2Bln for Data-Center Investment Fund appeared first on Commercial Real Estate Direct.