Macquarie and Nippon Telegraph and Telephone (NTT) are set to enter a strategic real-estate partnership for data processing centers across Europe and the US.
One of the world’s biggest infrastructure asset managers, Macquarie has entered a partnership with NTT – a Japanese telecommunications company – covering commercial data-center developments in North America and Europe.
It means the Australian-based group can devote real-estate investment along with NTT to sustain its expansion within the data-center industry.
“We see this as a very attractive sector to invest in, given the exponential growth of global data and computing and the significant capital requirements for operators to keep up with user demand,” said Brett Robson, global head of real estate for Macquarie Asset Management.
“We are delighted to partner with NTT, a leading data center operator, that has a global footprint and an exceptionally strong development and operational history.”
The attraction of commercial data-centers
Nippon Telegraph and Telephone was founded in 1952. It is partly possessed by the government of Japan and is still a leading telecommunication company in terms of revenue.
NTT group runs and manages two data-center firms today. The first one is NTT LTD, which is responsible for conventional retail colocation, built over the years through brand acquisitions like “RagingWire,” “E-shelter,” and “Netmagic.”
The network includes over 140 data processing centers, serving more than 190 regions and countries, linked with its fiber backbone known as “Arcstar Universal One.”
The second one is NTT GDC (Global Data Centers Corp). It’s a relatively new data-center subsidiary that handles centralized worldwide management, equipment purchasing, and construction for the NTT groups’ data processing centers.
Generally, NTT claims it has over 1300 megawatt (MW) of data-centers capacity under its management. The association with Macquarie Groups will give them access to essential funding to continue to expand in America and Europe.