Matterhorn Capital, the property investment vehicle run by Anthony Lyons and Simon Conway, is entering the data centre market with a £250 mln (EUR 278 mln) investment in two sites in south-east England. The acquisition is an attempt by Matterhorn Capital to tap into this growing niche market, which is forecast to record an over 50% increase in annual global spending by corporates in the next 10 years.
Legal & General Investment Management’s (LGIM’s) managed fund has acquired Tesco Yarrow Road Poole from clients of abrdn for £46.1 mln (€54 mln).
