AustralianSuper invests €1.5 billion in Vantage Data Centers to fuel European digital infrastructure growth

Australia’s largest pension fund, AustralianSuper, is making a €1.5 billion minority investment in Vantage Data Centers, a leading data center business in Europe, Middle East, and Africa (EMEA). This move marks AustralianSuper’s entry into the data center sector, as it seeks to participate in the growing digital infrastructure needed for cloud computing and artificial intelligence.  

Australia’s largest pension fund, AustralianSuper, is making a €1.5 billion minority investment in Vantage Data Centers, a leading data center business in Europe, Middle East, and Africa (EMEA). This move marks AustralianSuper’s entry into the data center sector, as it seeks to participate in the growing digital infrastructure needed for cloud computing and artificial intelligence. 

Vantage Data Centers, valued at approximately $11 billion, is expanding its EMEA operations with plans to construct new data centers. The demand for data centers has risen significantly due to increased data needs from major tech companies like Microsoft, Facebook, and Google. 

 AustralianSuper intends to make further investments in Vantage’s platform and potentially explore opportunities in properties owned by other private capital groups. This investment highlights the trend of Australian pension funds seeking growth opportunities in overseas and private assets, driven by their substantial size and the evolving investment landscape. 

Read more: https://www.ft.com/content/f785578d-06df-4e58-b47e-4609d8a4b104