Powered land and zombie projects: Real estate in the age of AI
Exciting times ahead for Wilton being part of the next Industrial Revolution joining our global pipeline of data centres.
Land left dormant by the decline of the chemical industry in northeastern England has taken on a new lustre. Blessed with power plants, water and a grid connection, the site has just what it takes to house a state-of-the-art AI data center campus.
That's what the owners of the Wilton International site in Teesside hope at least, but they are not alone.
Across Britain, owners of industrial sites, speculative investors, property developers and even farmers are burnishing the credentials of their land to cash in on the billions of dollars tech giants plan to spend on AI data centers.
Read more - https://www.reuters.com/world/europe/powered-land-zombie-projects-real-estate-age-ai-2026-04-24/