UPDATED: G2S2 Capital, an investor in the struggling Ravelin Properties REIT (formerly Slate Office REIT), has acquired almost $600 million of the trust’s $1.09 billion debt. It's a move G2S2 founder George Armoyan calls a "counter-cyclical" strategy.
Capacity at 55H, a high-density colocation data centre just north of Toronto, is scheduled to increase this summer and again in 2026 to meet the growing computational needs and power demands of artificial intelligence (AI) clients.
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