Global Technical Realty to Develop State-of-the-Art Data Center in Barcelona as Demand Soars

Global Technical Realty (GTR), with the backing of KKR’s third global infrastructure fund, has revealed plans to establish its first data center in Spain. The company recently acquired a prime development site in Barcelona, marking a significant step towards meeting the growing demand for data center infrastructure in the region.

Acquisition of the data center development site

GTR has announced the successful acquisition of its first data center development site in Spain. Strategically located on Parc de l’Alba in Cerdanyola del Vallès, just outside Barcelona, the 15,000 square meter plot boasts immense potential. With the capacity to accommodate up to 16MW of IT load, this site presents an ideal foundation for GTR’s ambitious data center project.

Barcelona’s Economic Significance

Barcelona holds the distinction of being the fifth-largest metropolitan area in the European Union and boasts the largest economy by GDP on the Mediterranean Sea. This thriving city has witnessed a surge in business and technological advancements, making it an attractive destination for data center investment. As a result, the data center market in Barcelona is projected to experience rapid growth, providing ample opportunities for GTR to establish a strong foothold.

Plans for the data center

GTR’s vision for the data center in Barcelona is to create a state-of-the-art facility that caters to the growing cloud requirements of businesses in the region. The company aims to provide a highly secure environment that prioritizes the confidentiality, integrity, and availability of critical data. Additionally, GTR is committed to employing renewable energy sources to minimize the carbon footprint of the facility, aligning with the industry’s sustainability goals.

KKR’s Commitment to the Data Center Market

In May 2020, KKR unveiled plans to invest $1 billion in setting up a new hyperscale data center player in Europe. This commitment underscores KKR’s recognition of the immense potential in the data center market. By providing support to GTR’s data center development in Barcelona, KKR is further solidifying its dedication to advancing data center infrastructure across the continent.

Success of GTR’s GB One Campus

GTR’s recent achievement in the data center market includes the fully pre-leased 40.5MW GB One campus situated outside London. This accomplishment highlights GTR’s credibility and expertise in delivering cutting-edge and highly sought-after data center facilities. Building on this success, GTR aims to replicate its achievements in Barcelona and elevate the region’s digital infrastructure to new heights.

Timeline for the Barcelona Data Center Development

The development of the data center in Barcelona will be completed in phases. The first phase is scheduled to be finalized by spring 2024, with subsequent phases progressing towards the delivery of all three buildings in early 2025. This timeline indicates that GTR is committed to expediting the development process to cater to the urgent demand for data center infrastructure in the region.

The decision by Global Technical Realty to develop a data center in Barcelona is a clear testament to the region’s economic significance and its growing demand for secure and efficient data storage solutions. Backed by KKR’s support and expertise in the data center market, GTR is well-positioned to establish a state-of-the-art facility that caters to cloud requirements while prioritizing sustainability. As the Barcelona data center project progresses, it is expected to further enhance the region’s digital infrastructure and contribute to its thriving economy.

Explore more

Why is LinkedIn the Go-To for B2B Advertising Success?

In an era where digital advertising is fiercely competitive, LinkedIn emerges as a leading platform for B2B marketing success due to its expansive user base and unparalleled targeting capabilities. With over a billion users, LinkedIn provides marketers with a unique avenue to reach decision-makers and generate high-quality leads. The platform allows for strategic communication with key industry figures, a crucial

Endpoint Threat Protection Market Set for Strong Growth by 2034

As cyber threats proliferate at an unprecedented pace, the Endpoint Threat Protection market emerges as a pivotal component in the global cybersecurity fortress. By the close of 2034, experts forecast a monumental rise in the market’s valuation to approximately US$ 38 billion, up from an estimated US$ 17.42 billion. This analysis illuminates the underlying forces propelling this growth, evaluates economic

How Will ICP’s Solana Integration Transform DeFi and Web3?

The collaboration between the Internet Computer Protocol (ICP) and Solana is poised to redefine the landscape of decentralized finance (DeFi) and Web3. Announced by the DFINITY Foundation, this integration marks a pivotal step in advancing cross-chain interoperability. It follows the footsteps of previous successful integrations with Bitcoin and Ethereum, setting new standards in transactional speed, security, and user experience. Through

Embedded Finance Ecosystem – A Review

In the dynamic landscape of fintech, a remarkable shift is underway. Embedded finance is taking the stage as a transformative force, marking a significant departure from traditional financial paradigms. This evolution allows financial services such as payments, credit, and insurance to seamlessly integrate into non-financial platforms, unlocking new avenues for service delivery and consumer interaction. This review delves into the

Certificial Launches Innovative Vendor Management Program

In an era where real-time data is paramount, Certificial has unveiled its groundbreaking Vendor Management Partner Program. This initiative seeks to transform the cumbersome and often error-prone process of insurance data sharing and verification. As a leader in the Certificate of Insurance (COI) arena, Certificial’s Smart COI Network™ has become a pivotal tool for industries relying on timely insurance verification.