Thor Equities strengthens its data center division with the appointment of a new EVP.

New York, N.Y., Dec. 11, 2023 (GLOBE NEWSWIRE) - Thor Equities Group, a global leader in real estate development, leasing and management, is pleased to announce the appointment of a new Executive Vice President and Head of Data Centers - Americas, Raj Vora.

Based out of Thor's California office, Mr. Vora will play an important role in Thor's expansion in the Data Center sector. With over two decades of senior-level management experience at companies such as Google and Deloitte, Mr. Vora will oversee the Data Center program in the Americas in the face of growing demand for cutting-edge facilities.

Mr. Vora began his career in Deloitte Consulting's Real Estate Strategy and Location Selection practice group, where he advised a wide range of Fortune 500 multinational companies on global location strategy. After joining Deloitte, Mr. Vora moved to Google where he led the acquisition of Data Centers across the Americas and grew their Data Center portfolio by over 2 GW. During his time at Google, he held global leadership positions in Economic and Socio-Economic Development (ECD) and regional leadership responsible for the acquisition of Google Data Centers in Central and Latin America. In his position leading acquisitions in the Americas, Mr.

"Raj has an impressive background and becomes another talented acquisition for the Thor team. He has experienced the incredible growth of the data center sector over the past decade and will be able to ably lead us in building a strong portfolio of cutting-edge campuses in the Americas. We are delighted to welcome him," said Thor Equities Group Chief Operating Officer, Melissa Gliatta.

"I am pleased to join Thor Equities and work alongside a dedicated and tenacious team. There are significant opportunities in the data center sector and I look forward to leveraging my experience to continue to grow and build a first-class global portfolio," said Executive Vice President Raj Vora.

Thor Equities entered the data center sector in 2022 with its first investment in Spain. The company is developing the 'Madrid One' campus, strategically located in the Spanish capital, which will provide over 60,000 square meters of technical space with a total high IT load of over 100 MW.

About Thor Equities

Thor Equities is a leader in the development, leasing and management of industrial, laboratory, residential, office, hospitality and mixed-use assets in prestigious urban areas around the world. The company operates in major cities around the world and has $20 billion worth of property with plans to develop over 50 million square feet. Thor has a strong presence on three continents and, in addition to its U.S. assets, it has properties in European gateway cities such as London, Paris, Madrid andMilan, and is the largest real estatedeveloper in Mexico through its Latin American division with plans to develop more than 20 million square feet. Thor maximizes returns for institutional investors by recognizing property potential, reducing operating costs, increasing tenant satisfaction and leveraging market trends to maintain a long-term competitive advantage.

For more information, visit www.thorequities.com.