Interxion to build 180MW data centre campus in Frankfurt
, which is a sub-division of global data centre leader , also announced that it has now acquired the freehold to the land under its Hanauer Landstraße campus in Frankfurt. The site includes nine preexisting Interxion data centres which were previously subject to leasehold agreements with approximately nine years of remaining lease term, along with Interxion's German headquarters office as well as several buildings currently leased to other customers.
Interxion now owns the freehold to all 15 data centres on its Frankfurt campus.
The Hanauer Landstraße campus currently contains approximately 43,000 square metres of data centre capacity spread over 6.5 hectares of land, 40% of which is leased to 21 customers with a weighted-average remaining lease term of approximately four years. At expiration, Interxion expects to redevelop the portion currently leased to third parties to build out additional data center capacity.
The expansion parcel, previously known as the Neckermann property, is located approximately one kilometre from the Frankfurt campus. The parcel measures a total of 107,000 square metres and will support the development of up to 180 megawatts of additional IT capacity that will be fully connected to the existing campus. The property acquisition is expected to close in two stages, with final transfer of ownership in early 2021.
"These investments represent an important milestone on our global platform roadmap, enabling customers' digital transformation strategies while demonstrating our commitment to supporting their future growth on PlatformDIGITAL," commented in a company press release. "We believe we are creating significant value by combining the leasehold and freehold positions on one of the most highly connected campuses in Europe, while the assemblage of adjacent expansion capacity provides long-term certainty for the coverage, capacity and connectivity requirements to support our customers' digital ambitions."
Interxion occupies more than half the campus across its nine data centres. Interxion employs state-of-the-art cooling techniques to support higher power density customer requirements while maintaining exceptional energy efficiency, and 100% renewable energy is available to customers throughout the campus.
"Interxion Frankfurt is one of the leading cloud and connectivity hubs in the world, with direct access to numerous leading global cloud platforms and more than 700 carriers and internet service providers," said . "Acquiring the freehold to our existing campus as well as a sizable site for further expansion will enable customers to rapidly scale their digital transformation strategies by deploying critical infrastructure with a leading global data centre provider and joining a thriving community of interest."
GTR and SEGRO agree first UK data centre facility
SEGRO, a property investment and development company, has announced it has come to an agreement with the European data centre platform, Global Technical Realty (GTR) to construct its first UK-based data centre. SEGRO claims that the facility, which will span a total area of 400,711 sq ft, will be located in Slough and is to become “the largest data centre campus in the UK’s premier data centre and communications hub”.
What will SEGRO’s data centre facility be used for?
Supported by the global investment firm KKR, Global Technical Realty says it will be using the facility’s space on a 25-year term to operate bespoke data centres for high-growth global technology companies. The new facility aims to support the growing demand for third-party data centre provision amid ever-increasing growth in data usage and cloud services adoption.
Franek Sodzawiczny, CEO & Founder of GTR, said: “We are excited to be back in the UK alongside our partner KKR and look forward to working closely with SEGRO to deliver this state-of-the-art data centre campus. The data centre space is a fast-moving one. GTR was established to support its customers in providing a data centre solution wherever in the world there is a demand for it. We are delighted that the UK will become home to our flagship concept”.
James Craddock, Managing Director, Thames Valley at SEGRO, said: “We’re pleased to welcome GTR as the latest data centre operator to our thriving estate and our team of experts look forward to developing a stunning new facility for them and their customers. “Homeworking, data streaming, e-commerce and businesses’ reliance on cloud services have all grown during the pandemic, meaning demand for data centres is unabated.
“Slough Trading Estate is home to Europe’s largest data centre cluster and data centres are increasingly regarded as part of our key national infrastructure given the critical role they play in our daily lives”, he added.
The facility is expected to be delivered in two phases with operations beginning by Q4 of next year. The first phase plans to provide 132,575 sq ft of space phase two will create 268,136 sq ft of space. “Vacant possession of the site delivered to the customer by early 2022”, SEGRO said.
The project is also expected to create around 200 jobs during its construction, and a further 80 permanent roles once completed.