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Announced

Completed

Legal & General Capital completed investment in Kao Data Campus.

Financials

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Transaction Value£114m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Data Centers and Hosting

Completed

Friendly

Acquisition

Single Bidder

United Kingdom

data center

Private

Synopsis

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Legal & General Capital completed the investment in The Kao Data Campus, a state-of-the-art £230m data centre development servicing the London to Cambridge corridor. Kao was named in honour of Nobel Prize winning physicist Sir Charles Kao, who pioneered the use of fibre optics at the site of Kao’s first data campus development. “With a focus on creating thriving cities, Legal & General looks to make investments that are focused on creating sustainable communities with good employment opportunities, high quality and varied housing in a digitally-connected and clean environment. We believe that data centres are an integral part of a city’s digital transformation, enabling connections to a broader digital infrastructure and offering synergies across our wider Future Cities investment strategy," Kerrigan Procter, Legal & General Capital CEO.

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