Germany / Deutschland: Germany’s Hauck Aufhäuser Lamp Privatbank to launch new data center fund
Nov 24, 2023 | Posted by Abdul-Rahman Oladimeji
Germany’s Hauck Aufhäuser Lamp Privatbank announced that its real estate investment management unit is launching a €300 million fund for institutional investors, targeting data centers in major German cities. This is the company’s first-ever data center-focused fund.
Patrick Brinker, head of real estate investment management at Hauck Aufhäuser Lamp Privatbank said, Patrick Brinker, head of real estate investment management at Hauck Aufhäuser Lamp Privatbank. With our special fund, we want to advance the expansion of the digital infrastructure in Germany and offer institutional investors an attractive investment opportunity in a cyclically independent and future-proof asset class.”
The fund will focus on hyperscaler and colocation data centers and investments of €10 million thereabout and the target volume of the fund, with a planned term of twelve years, is at least €300 million with a maximum debt share of 50 percent.