PGIM Real Estate has hired James Footh as it continues to build out its global data centre investment strategy.
Footh has been appointed as managing director on the global data centre investments portfolio management team. He will have transactional and portfolio management responsibilities for investments made by PGIM Real Estate in the data centre sector.
Based in Seattle, Footh will report to Morgan Laughlin, PGIM Real Estate’s head of Japan and global head of data centre investments.
Footh joins from Amazon Web Services, where among other roles he was responsible for all data center infrastructure development and portfolio oversight of AWS data centers in the western half of the United States, Canada and Latin America, EMEA and Asia Pacific regions. He brings more than 30 years of real estate experience to the role.
Laughlin said: “The availability of large amounts of low latency data processing capacity is becoming increasingly critical to the global economy and society as a whole. This trend is driving long-term, sustained growth in demand for data centre infrastructure. It also clearly signals the need for real estate investors to incorporate digital infrastructure investment strategies into their global portfolios.”
He added: “PGIM Real Estate is addressing this investor need with a dedicated data centre investment team pursuing investment structures to grow exposure to the global data center sector. Jim is an important addition to our dedicated global data centre investments team.”
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