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Equinix buys GI Partners data center in Frankfurt

The Frankfurt data center that belonged to GI Partners has been sold by the company to Equinix (Holding) BV. It is GI’s last remaining Fund 1 property which consists of 96,000 net square feet. GI’s debut fund is now valued at over $1 billion in cash from an investment of $280 million. The company is currently making investments from GI Partners Fund III.

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