10Y UST4.88%+0.41%30Y MTG7.18%-0.83%SOFR3.88%-0.26%VNQ$97.02-0.06%XLRE$44.59+0.02%FED FUNDS3.88%
Real Estate Trail
Institutional Press Wire
PR Newswire · Industrial

Gcore and TengriAI to explore 100 MW AI data center in Kazakhstan

Via PR Newswire · November 12, 2026
Compiled by Real Estate Trail Editorial · November 12, 2026

Why this matters

Industrial has moved into a normalization phase after the 2020-2023 frenzy. Vacancies are up modestly, sublease space remains a watch item in the big-box logistics segment, and rent growth has shifted from double-digit to mid-single-digit. The long-term tailwinds — nearshoring, e-commerce penetration, infill scarcity — remain intact. Institutional capital is calibrating between core income and value-add basis plays as the cycle matures.

Editorial analysis · Real Estate Trail Editorial

On the RET wire

Computed from Real Estate Trail’s own tracked coverage

Excerpt from PR Newswire:
Phased project would give Central Asia large-scale GPU capacity run in the region LUXEMBOURG and ASTANA, Kazakhstan, Nov. 12, 2026 /PRNewswire/ -- Gcore and TengriAI have signed a Memorandum of Understanding to explor…
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