European data centre sales surge amid AI boom
Analysts say strong demand for stable digital infrastructure is driving record European and global data centre transactions.
Private capital firms are accelerating sales of European data centres, aiming to capitalise on the US-led AI boom. Deals valued at around €17 billion are expected within weeks, highlighting growing investor interest in digital infrastructure.
Oaktree Capital Management has started selling part of Pure DC, its European and Middle Eastern data centre company, valued at up to €5 billion.
Other firms are joining the rush. Swiss investor Partners Group may raise €4 billion from selling Nordic operator atNorth, while Swedish firm EQT has begun selling GlobalConnect, its Nordic broadband and data centre business, potentially worth €8 billion.
Deutsche Bank’s asset manager DWS and telecoms firm Orange are also reported to be selling stakes in European data centres.
The surge in sales reflects strong demand for assets that offer stable, long-term revenues while enabling current owners to fund infrastructure upgrades. So far in 2025, 162 data centre deals worth $46 billion have closed, with 45 more deals valued at $35 billion pending, according to Synergy Research Group.
Analysts note that the trend mirrors last year’s record activity, which saw 287 deals totalling more than $77 billion. Investors remain focused on Europe as AI-driven growth fuels the need for robust digital infrastructure across the continent.
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