Roman GłogulskiStarwood Capital Group, a renowned global private investment firm specializing in real estate, has recently unveiled Starwood Digital Ventures. This new platform aims to further develop the company’s global data center investment strategy. With approximately $8 billion already allocated to data center development, Starwood Capital has established itself as one of the largest privately held data center developers in the United States and Europe.
Starwood Digital Ventures will not only utilize funds from various Starwood Investment Vehicles but will also collaborate with top-tier data center operators to enhance its portfolio. In conjunction with this launch, Starwood Capital has entered into a strategic alliance with Worldwide Mission Critical, a leading consulting firm known for its expertise in designing and developing data center projects. This partnership will enable Starwood Capital to rapidly expand its data center platform and meet the growing demand for services related to artificial intelligence and other emerging technologies.
Barry Sternlicht, Chairman and CEO of Starwood Capital, expressed his enthusiasm for the launch of Starwood Digital Ventures, citing the strong industry growth prospects and the increasing demand for data center services. He sees significant opportunities for expansion in this sector.
Furthermore, Anthony Balestrieri, Managing Director at Starwood Capital, highlighted the firm’s longstanding collaboration with Worldwide Mission Critical. Balestrieri emphasized the value they bring as industry experts and trusted partners, expressing the firm’s intention to leverage their skills and reputation to expand their data center investments both domestically and internationally.
Starwood Capital Group, with its primary focus on global real estate, has raised over $75 billion in capital since its establishment in 1991. The firm currently manages assets worth approximately $115 billion and maintains a strong presence in various countries worldwide, with a workforce of over 5,000 employees.
In conclusion, the introduction of Starwood Digital Ventures underscores Starwood Capital’s commitment to the data center investment landscape and solidifies its position as a major player in the industry. With the support of their strategic alliance with Worldwide Mission Critical, the firm is well-positioned to deliver compelling value to its investors while addressing the evolving needs of the data center market.
