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Prudential’s PGIM raises $2 billion for data centers

Global fund targets joint venture developments
Data center development is expected to top $170 billion this year, according to JLL. (iStock)
Data center development is expected to top $170 billion this year, according to JLL. (iStock)

Prudential Financial has followed its insurance competitors into the data center market by hauling in billions to spend on new developments.

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