IBI raising $200m digital infrastructure fund

One of the sizzling trends in profits-manufacturing serious estate is server farms, constructed for computing and know-how giants such as Amazon, Microsoft, and Google. It is really a speedy-expanding industry very last 12 months local company Azrieli Team not too long ago entered it with the acquisition of a server farm enterprise in Norway.

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IBI Investment Residence is conscious of the interest that the server farm enterprise is generating, and its Volcano fund, owned jointly with Ziv Sapir, who serves as the fund’s handling lover, has made a decision to established up a new fund aimed at boosting a least of $200 million. The funds will be earmarked for acquisition of datacenters and related jobs. The fund increasing spherical will get underway this August, and the fund defines its activity as focusing on digital infrastructure that is, aside from datacenters, finance for fifth generation mobile networks.

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Volcano is a fairly young debt fund, established up in Could last year. It has a short while ago concluded the boosting of NIS 1 billion for financial loans to large money-making actual estate organizations in the US for workplaces, warehouses, logistics centers, household clusters, and server farms.

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Released by Globes, Israel company information – en.globes.co.il – on Might 26, 2022.

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

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