NGD Center Targets ‘Major’ US Bank

Datacenters

The NGD Europe 1 datacenter spans a total area of about 800,000 square feet and cost more than $300 million to build.

NGD chairman Simon Taylor says NGD, which already has two tenants housed at the datacenter, is in contract talks with two other firms, one of which is a major US bank, Taylor says. He declines to reveal the name of the bank. He says he hopes to have something to announce by the end of the year.

"I was with this bank in early December and they have done a good deal of due diligence

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