AZ Quest closes about $100M data center fund issuance

What's the deal? AZ QuestDealroom has a profile for this one. Try Dealroom → closed the first share issuance of its AZ Quest Panorama Data Centers FII (AZDC), raising about US$100 million from more than 7,000 investors.

How it works: The real estate fund focuses exclusively on data center assets. The offering was structured by AZ Quest in partnership with XP Investimentos and uses a sale-and-leaseback model with Scala Data CentersDealroom has a profile for this one. Try Dealroom →, which remains as tenant and continues operating the facilities.

The signal: The offering brings digital infrastructure exposure to retail investors, a market that has historically been more accessible to institutional capital.

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