Goodman Group and Canada Pension Plan to establish $9.3 billion European data center partnership

Core Viewpoint - Australia's Goodman Group has entered into a partnership with Canada Pension Plan Investment Board to develop a portfolio of data centre projects valued at A$14 billion (approximately $9.32 billion) [1] Group 1: Partnership Details - The partnership aims to leverage the growing demand for data centres, driven by increasing digitalization and cloud computing [1] - Goodman Group will collaborate with the Canada Pension Plan Investment Board to fund and manage the data centre projects [1] Group 2: Financial Implications - The total investment of A$14 billion signifies a significant commitment to expanding infrastructure in the data centre sector [1] - This partnership is expected to enhance Goodman Group's portfolio and provide stable returns through long-term leases and contracts [1]