Aventos Sells Planned Data Center Site in Berlin to Tristan Capital Partners

German real estate firm Aventos this week announced the sale of a property in the immediate vicinity of its Luxwerk business park to Tristan Capital Partners’ EPISO 6 fund. Terms of the deal were not shared.

The 28,400 sqm (305,695 sq ft) site can reportedly support up to three three-story data centers, totaling 63MW, as well as an on-site substation. The development will reportedly support the 90,000 sqm (968,750 sq ft) Luxwerk complex, which is also in development.

“Having reached a crucial milestone in the value chain for the development of the data center in Siemensstadt by securing the power supply contractually, the planned sale was a logical step. It allows us to concentrate our resources on other projects such as the development of the neighboring Luxwek,” said Viktor Schulte, Development Partner at Aventos.