National, Sabey secure expanded Ares investment, taking total commitment above $500 million
ARES•Ares Secondaries funds expanded their minority equity investment in Sabey Data Center Properties, bringing total commitments above $500 million.
1. Expanded investment
Ares Secondaries funds expanded their minority equity investment in Sabey Data Center Properties, bringing total commitments above $500 million. National Real Estate Advisors is a partner in the platform alongside Sabey.
2. Data center platform
The U.S. data center owner, developer and operator focuses on hyperscale and enterprise campuses. It operates 275 MW across U.S. markets, with an expansion pipeline expected to reach about 737 MW by 2033.
