Stoneweg Announces Data Center Investment Fund for Europe

Swiss real estate investment advisor Stoneweg is entering the data center market, launching its own data center fund and platform via its Stoneweg Europe Stapled Trust (SERT) unit. 

The company this week announced Stoneweg European Business Trust has made a €50 million ($58m) investment in the Stoneweg Icona data-centre fund. Once other investors join the fund, Stoneweg European BT’s stake is expected to range from 4-8 percent, suggesting the fund could total around €1.25 billion ($1.45bn).

positioned alongside our sponsor in a unique and high-quality development fund at the forefront of Europe’s rapidly expanding data centre market. We will remain actively engaged in growing SERT’s investment alongside the fund’s promising development pipeline, aiming to maximise returns from the projected €29.5 billion ($34.3bn) gross development value of the four assets.”

Max-Hervé George, chairman and co-CEO of SWI Group, added: “Our IDC platform drives the development of data centres in Europe’s most strategic locations - powering the future of AI and cloud computing with flexible capital and deep local expertise. The combined strengths of Stoneweg and Icona under the SWI Group umbrella will provide further momentum to the long-term growth of Stoneweg Europe Stapled Trust.”