Tishman Speyer and Mainova WebHouse to form a joint venture.

Tishman Speyer, a real estate company, and Mainova WebHouse, a provider of data centers in the Frankfurt, agreed to form a joint venture. Financial terms were not disclosed. "We‘re excited to partner with Mainova WebHouse as we enter the data center space. This project aims to bring new capacity online just as the computing power requirements of AI need it most. This is a model transaction for future investments we look to make in this growing sector," Rob Speyer, Tishman Speyer CEO.