The platform
Digital Gravity Partners is building a programme of European data centre strategies with institutional capital partners. Gravity Edge, our joint venture with BlackRock, is the inaugural vehicle.
Thesis
The constraint isn’t capital. It’s capability.
European data centre supply is constrained, but capital is not the reason. Power, permitting, construction and fit-out, leasing, and the customer relationships that fill a facility are operating disciplines, not capital problems. Capital deployed without that stack of capability buys exposure to a building; capability earns a customer.
Enterprise customers in particular are underserved by the way this asset class has historically been financed. They buy on their own timetables, not against a hyperscaler’s capex cycle. They need specific configurations of power, density and connectivity, and they expect to be served by an operator they can trust to run a facility to investment-grade service levels over the lifetime of the contract.
Digital Gravity Partners brings institutional capital and full operating capability together at the platform level. We underwrite, develop, and run every asset ourselves, alongside our capital partners. It is a model built for the operating constraint and the customers the asset class has historically failed to serve.
Market context
The opportunity is structural, the gap is specific.
European data centre demand, 2025–2030. Excludes AI workloads. The base case is structural.
Annual capital flowing into global data centres. Almost none serves the European enterprise mid-market.
Revenue per MW premium of enterprise colocation over hyperscale build-to-suit.
Strategies
Three European data centre strategies, one operator.
The platform allocates capital across three strategies in European data centres. Each strategy serves a distinct customer segment but draws on the same operating capability. Gravity Edge is the live vehicle in Value-add; the other strategies are sequencing in.
Capital allocation
Value-add
70–80%
Development
20–30%
Powered land
0–5%
Capital is allocated across three European data centre strategies. Value-add carries the operating-alpha weight and the live vehicle today. Development and powered land are sequencing in behind, drawing on the same operating capability.
01
Value-add
70–80% of capital
Customer focus
Enterprise (financial services, pharma, telco)
Acquire, transform, and operate constrained European data centres.
Brownfield sites with secured grid power and irrevocable permitting, refurbished or expanded to modern enterprise specification. Operating-alpha is captured through M&E transformation, lease-up, and direct customer relationships on long-dated contracts.
02
Development
20–30% of capital
Customer focus
Wholesale, hyperscale, AI / neocloud tenants
Build new capacity for demand that exceeds the existing stock.
Ground-up development of purpose-built capacity in supply-constrained European metros. Optionality across wholesale build-to-suit, hyperscale, and high-density AI workloads. Vehicle in build.
03
Powered land
0–5% of capital
Customer focus
Future tenants identified through the operator
Hold sites with secured large-scale grid connections.
Acquiring and holding land assets with secured grid capacity. Monetising through controlled disposition or build-to-suit partnerships with hyperscale and enterprise developers. Vehicle in build.
Inaugural vehicle
Gravity Edge
Gravity Edge is Digital Gravity Partners’ inaugural data centre vehicle, formed in joint venture with BlackRock. The platform invests at the mid-cap end of the European data centre market, with DGP serving as the dedicated deal execution and operating arm.
The mandate is value-add brownfield and powered land: constrained sites with secured grid power and irrevocable permitting, refurbished or expanded to modern enterprise and hyperscale specification, leased to investment-grade anchor tenants on long-dated contracts.
The vehicle combines institutional capital with hands-on operating capability across the data centre value chain. DGP underwrites, develops, and runs every asset.
- Mandate
- Value-add brownfield, powered land
- Geography
- Pan-European
- Scale
- Mid-cap
- DGP role
- Deal execution and asset management
- Status
- Live
Capital partner
The first asset under Gravity Edge is LDN1, Camberley, United Kingdom
Operating capability
End-to-end across the data centre value chain.
DGP runs every stage of the asset lifecycle in-house. The same team underwrites a site, secures the power, manages construction, leases the floor, and operates the facility. Capability is the edge, not the by-product.
01
Site
Origination across brownfield and powered-land opportunities in supply-constrained European metros.
02
Power
Underwriting grid connection, energisation timelines, and long-term capacity rights against site economics.
03
Permitting
Securing irrevocable planning permissions, environmental consents and operating approvals before capital is committed.
04
Construction
Fixed-price M&E and fit-out delivery through vetted contractor relationships. Modern enterprise and hyperscale specification.
05
Lease-up
Anchor-tenant led leasing with investment-grade counterparties on long-dated contracts. Capacity laddering on remaining floor.
06
Asset management
Operations to investment-grade SLAs. Customer lifecycle management, PUE discipline, and live-asset capacity expansion.