SEGRO and Pure DC Partner for Paris Data Centre Venture

On July 8, 2026, SEGRO PLC and Pure Data Centres Group Limited announced their second joint venture to develop a 48MW data centre in Paris. The collaboration targets a pre-let agreement with a global hyperscaler. SEGRO will contribute prime land with pre-secured power from its European power bank, aimed at delivering an attractive yield.

The venture employs a capital-efficient model, with SEGRO contributing approximately £60 million. The site will blend SEGRO's development expertise with Pure DC's technical capabilities, enhancing digital infrastructure delivery across Europe. Both companies aim to secure a long-term net lease following planning approvals, with construction beginning thereafter.

Located in a key Paris Availability Zone, the project underscores the strategic value of power-secured sites in metropolitan markets. Progress continues on their first joint project at Premier Park, demonstrating a well-executed data centre strategy in Europe.