{"id":1004482828,"date":"2020-10-06T03:33:40","date_gmt":"2020-10-06T11:33:40","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004482828"},"modified":"2020-10-06T03:33:40","modified_gmt":"2020-10-06T11:33:40","slug":"microsoft-to-build-data-center-hub-in-greece","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/microsoft-to-build-data-center-hub-in-greece\/","title":{"rendered":"Microsoft to Build Data Center Hub in Greece"},"content":{"rendered":"<div id=\"attachment_1004482837\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/10\/Athens.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004482837\" data-attachment-id=\"1004482837\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/microsoft-to-build-data-center-hub-in-greece\/athens\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/10\/Athens.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Athens\" data-image-description=\"&lt;p&gt;Image by Jimmy Teoh via Pexels.com&lt;br \/&gt;\nhttps:\/\/www.pexels.com\/photo\/lighted-buildings-nighttime-951539\/&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Athens. &lt;i&gt; Image by Jimmy Teoh via Pexels.com&lt;\/i&gt;&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/10\/Athens.jpg?w=800\" class=\"wp-image-1004482837 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/10\/Athens.jpg\" alt=\"Athens skyline\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/10\/Athens.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/10\/Athens.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/10\/Athens.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004482837\" class=\"wp-caption-text\">Athens. <i> Image by Jimmy Teoh via Pexels.com<\/i><\/p><\/div>\n<p>Microsoft Corp. has launched its \u201cGR for GRowth\u201d initiative, part of which the tech giant plans to invest in the development of new data centers in Athens, expanding its Microsoft Cloud footprint in Southeast Europe. According to <em>Data Center Dynamics,<\/em> the company plans on building three facilities.&nbsp;As part of the initiative, Microsoft will also implement a training program designed to equip 100,000 people in Greece with skills in digital technologies by 2025.<\/p>\n<p>A spokesperson for the Greek government stated that the investment would involve new construction worth roughly $590 million (\u20ac500 million) and annual costs of $59 million (\u20ac50 million) in the coming years, <em>Reuters<\/em> reported. Additionally, the project would bring long-term financial benefits of nearly $1.2 billion (\u20ac1 billion) for the country, according to a statement by Greek Prime Minister Kyriakos Mitsotakis. This is the largest investment commitment the company has made in Greece in its 28 years of operations in the country, said Microsoft President Brad Smith.<\/p>\n<p>As part of its commitment to be carbon negative by 2030, Microsoft also plans to power its data centers exclusively from renewable energy sources by 2025. In September, the tech giant signed <a href=\"https:\/\/www.commercialsearch.com\/news\/bp-microsofts-mutually-beneficial-agreement\/\">a <em>quid pro quo<\/em> agreement with bp<\/a>\u2014in exchange for helping Microsoft reach its green energy goals, bp will receive Azure cloud services to further its digital transformation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The tech giant will spend $590 million on new facilities, an investment expected to bring long-term financial benefits exceeding $1 billion. <\/p>\n","protected":false},"author":867,"featured_media":1004482837,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21755,21782,16,21783,21742],"tags":[33865],"class_list":["post-1004482828","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-data-centers","category-development","category-international","category-investment","category-latest","tag-microsoft"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Microsoft to Build Data Center Hub in Greece - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/microsoft-to-build-data-center-hub-in-greece\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Microsoft to Build Data Center Hub in Greece\" \/>\n<meta property=\"og:description\" content=\"The tech giant will spend $590 million on new facilities, an investment expected to bring long-term financial benefits exceeding $1 billion.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/microsoft-to-build-data-center-hub-in-greece\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2020-10-06T11:33:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/10\/Athens.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Pavel Cazacu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/microsoft-to-build-data-center-hub-in-greece\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/microsoft-to-build-data-center-hub-in-greece\/\",\"name\":\"Microsoft to Build Data Center Hub in Greece - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/microsoft-to-build-data-center-hub-in-greece\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/microsoft-to-build-data-center-hub-in-greece\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/10\/Athens.jpg\",\"datePublished\":\"2020-10-06T11:33:40+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/caac04e9f88552f7c898ba456c2498d8\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/microsoft-to-build-data-center-hub-in-greece\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/microsoft-to-build-data-center-hub-in-greece\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/microsoft-to-build-data-center-hub-in-greece\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/10\/Athens.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/10\/Athens.jpg\",\"width\":800,\"height\":620,\"caption\":\"Athens. 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