UBS AM acquires UK data centre business
News

UBS AM acquires UK data centre business

merger handshake stock.jpg

UBS Asset Management Real Estate & Private Markets (REPM) has acquired UK data centre business Datum Datacentres.

The asset manger plans to expand the data company and develop the business into a broader platform.

The vendors are Darwin Private Equity and private individuals.

Farnborough-based Datum Datacentres operates a fully-contracted brownfield facility. Existing capacity is mainly contracted out to occupiers holding long-term contracts – including large public and enterprise sector clients and managed IT service providers.

Th deal marks UBS REPM’s second infrastructure data transaction this year, after in May it financed a facility in the re-purposed Lefdal olivine mine in western Norway.

Tommaso Albanese, global head and CIO of infrastructure at UBS REPM, said: "The past year has underlined the importance of online services, and our acquisition of Datum Datacentres will deliver attractive returns to investors whilst providing the company with the capital to expand the existing successful model. Beyond the performance of the asset, the facility’s market-leading energy efficiency, use of 100% renewable energy and carbon offsetting aligns with UBS REPM’s wider ESG strategy and investment rationale". 

UBS REPM was advised by:

  • Arup Corporate Finance –  financial

  • Quantuma – financial and tax

  • Eight Advisory – tax

  • Pinsent Masons – legal

  • Arup – commercial and technical

Advisers to Datum:

  • Grant Thornton – financial

  • Travers Smith – legal




Gift this article