Digital Realty has formed a strategic joint venture with Rönesans Infrastructure to develop and operate data centers in Türkiye, with the first project being a 22MW campus in Ankara. This move expands Digital Realty's global footprint into a strategically important region, capitalizing on Türkiye's growing digital economy and demand for cloud and AI infrastructure.
Digital Realty, a major data center platform, is expanding its global reach by forming a joint venture with Rönesans Infrastructure to enter the Turkish market. This is a significant move as Türkiye is positioned as a critical hub for international internet traffic and has a rapidly growing digital economy with increasing demand for cloud and AI infrastructure. The first project, a 22MW data center campus in Ankara, is already underway and scheduled for completion in 2028. This venture offers a long-term growth opportunity for Digital Realty by tapping into an underserved market and extending its regional footprint across Southeastern Europe, the Eastern Mediterranean, and the connectivity corridor linking Europe, the Middle East, and Asia. For traders, this represents a positive long-term strategic expansion for DLR, potentially boosting future revenue streams and market share in a key emerging market.