Eurazeo Partners with Metrobloks in €100M Deal to Develop Next-Gen Urban Data Centers
Eurazeo, via its newly launched EZORE fund, has established a €100 million strategic partnership with Metrobloks, an American developer and operator of urban-edge data centers. The partnership will develop next-generation low-latency data centers along the outskirts of major European city centers to address the increasing needs of AI and cloud applications that demand proximity to end-users and high-performance infrastructure.
Growing into Tier 1 and Emerging Tier 2 Markets
Part of the collective plan is acquiring land and establishing and operating highly advanced data centers within FLAP-D hubs of Frankfurt, London, Amsterdam, Paris, and Dublin, together with emerging Tier 2 market locations like Milan, Madrid, Lisbon, Berlin, and Manchester. The buildings will serve multiple clients, including hyperscalers, major business enterprises, and colocation users, presenting shared and single-tenant conditions.
Eurazeo and Metrobloks have committed to integrating sustainability into the very core of the project. The new data centers will be designed to reduce carbon footprints and promote energy efficiency.
Also read: Microsoft Scales Back Data Center Plans Amid AI Demand Uncertainty
Metrobloks Brings Decades of Industry Expertise
A team of industry veterans leads Metrobloks with a track record of delivering over 15 gigawatts of global data center capacity, including several significant developments in London, Madrid, and Frankfurt. Their expertise spans the entire spectrum from land acquisition to customer operations, ensuring a comprehensive approach to development and delivery.
Pierre Larivière and Riccardo Abello, Co-Heads of Real Estate at Eurazeo, said, “Metrobloks' innovative approach to data center development aligns perfectly with our investment strategy focused on sustainable and high-growth real estate.”
He added, “Through this strategic partnership, we aim at penetrating the rapidly expanding data center sector, capitalizing on its high potential. We are particularly enthusiastic about this collaboration given the outstanding profile of the Metrobloks team and are committed to supporting the platform’s development and achieving significant success together.”
Eurazeo will contribute capital, strategic guidance, and operational support through its Real Estate division, which brings over a decade of experience in operational real estate across Western Europe.
