About

Icona Capital announced its latest venture in the rapidly growing data services sector. In 2024, we successfully acquired land in Madrid, Spain, for a state-of-the-art data centre development. This strategic acquisition is part of our ambitious initiative to create a dedicated platform for the development of world-class data centres, positioning us at the forefront of Europe’s digital transformation.

The new data centre site spans 250,000 sqm+ and is strategically located to serve as a central hub for digital services in Spain. Zoning approval for data centre use is already in progress, ensuring a smooth development timeline. This project will feature a confirmed large power supply, a crucial factor for the scaling and success of the data centre.

Additionally, the site offers significant further development potential, reinforcing the long-term value of this investment.

Deal Information:

This acquisition highlights our ability to identify and execute complex, high-impact ventures with meticulous planning and strategic execution. As we continue to evolve and expand our portfolio, this project exemplifies our focus on high-potential investments that will shape the future of digital infrastructure. We are confident that this development will play a critical role in meeting the growing demand for robust digital services across Europe.

Statement from the Founder:

We are excited to announce this significant data centre development in Madrid. This project marks a key milestone in our strategy to invest in and build the digital infrastructure of tomorrow, and underscores our ongoing commitment to innovation and growth in the region.

We are confident that this Madrid project will play a crucial role in meeting the increasing demand for data services across Europe. Our focus on delivering cutting-edge infrastructure ensures that we are well-positioned to support the digital transformation of the region.

Max-Hervé George

CEO & Founder, Icona Capital