Singapore's RealVantage Enters Digital Infrastructure with $7M Investment in Minneapolis Data Center March 25, 2026 In a significant move highlighting the global appeal of digital infrastructure assets, Singapore-based real estate investment platform RealVantage has announced its inaugural foray into the sector. The firm has committed $7 million to a data center facility in Minneapolis, Minnesota, marking a strategic diversification from traditional real estate into the high-growth data center market. The investment targets a 21-megawatt (MW) facility located at 1001 3rd Ave S, which was acquired earlier this year by a joint venture between U.S.-based specialist Cloud Capital and Bahraini alternative investment firm Arcapita. The new owners plan to expand the site's capacity to 31MW. Keith Ong, co-founder and group CEO of RealVantage, stated, "The acquisition reflects our conviction in the structural tailwinds driving demand for data centers. It demonstrates our commitment to bringing the structural institutional-grade investment opportunities we seek to deliver for our platform members across global markets." The Minneapolis facility has a long history in computing, originally built in 1988 for IDS as a mainframe center. After renovations in 2004 and periods of occupancy by Ameriprise Financial and American Express, it was acquired by Legacy Investing in 2019. Prior to the recent acquisition by Cloud Capital and Arcapita, the site was occupied by data center operator T5. Reports indicate an AI cloud firm is slated to become the new tenant, underscoring the link between modern computing demands and asset valuation. This transaction underscores the intensifying capital flows into data centers from diverse global investors. RealVantage's platform typically offers its members access to investment-grade real estate, making this digital infrastructure deal a notable expansion of its portfolio. For the acquiring consortium, Cloud Capital—an affiliate of operator CloudHQ founded in 2020—brings technical expertise, while Arcapita, a firm with over $32 billion in total transaction value since its 1997 founding, provides deep investment acumen and a focus on Shari'ah-compliant opportunities for Gulf and Asian investors. The deal signals continued confidence in the fundamental drivers of data center demand, particularly from artificial intelligence and cloud services, attracting capital from traditional real estate investors seeking exposure to this essential asset class. Source: datacenterdynamics
Singapore's RealVantage Enters Digital Infrastructure with $7M Investment in Minneapolis Data Center
