Mar 27, 07:45 PM

Related Companies Launches Data Center Arm with $45 Billion Pipeline, $8 Billion Fundraising Goal, and 64-Megawatt Expansion in Ontario

Related Companies, a prominent New York property developer known for its Hudson Yards project, is entering the data center market with the launch of Related Digital, a new development arm. The firm has outlined a $45 billion pipeline of projects, starting with a 64-megawatt expansion in Ontario, Canada. To support this initiative, Related Companies aims to raise up to $8 billion, capitalizing on the increasing demand for artificial intelligence and cloud computing services.

Written with ChatGPT (GPT-4o mini).

Sources

CoStar News@CoStarNews
10 months ago
Real estate giant Related Cos. is launching Related Digital, a #data center development arm with a $45 billion project pipeline, as it seeks to raise up to $8 billion to capitalize on growing #artificialintelligence and cloud computing demand. https://t.co/vn1xaDlBHK
Adam Lasoff@alasoff
11 months ago
Related Companies Eyes $8B Data Center Capital Raise – Commercial Observer https://t.co/aBbX9gmQIu
Law360@Law360
11 months ago
Related Companies announced Thursday the launch of a data center development arm with a $45 billion pipeline of projects that's kicking off with a 64-megawatt expansion in Ontario, Canada. https://t.co/cJTllHqKNp

Related Companies Launches Data Center Arm with $45 Billion Pipeline, $8 Billion Fundraising Goal, and 64-Megawatt Expansion in Ontario

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