News

14th September 2021

Press Release: UBS Asset Management acquires Datum Datacentres

London, 14 September 2021UBS Asset Management (UBS-AM) Real Estate & Private Markets (REPM) today announces the acquisition of Datum Datacentres in Farnborough, just outside the M25 and within easy reach of London. The transaction represents a 100% acquisition of the company and will allow UBS REPM to pursue site expansion and opportunities to develop the successful business into a broader platform. The existing capacity is largely contracted by a diverse range of occupiers, including large public and enterprise sector clients and managed IT service providers – many of which hold long-term contracts. The current facility is being expanded to provide additional capacity to clients and there is also potential to develop an additional facility on-site. The site is highly secure, with an equivalent resilience specification to Tier 3+ under Uptime Institute classifications. The facility also boasts strong ESG credentials, with market-leading energy efficiency, as well as using 100% renewable energy alongside an active carbon-offsetting program.

  • Transaction represents 100% acquisition of Datum Datacentres, a datacentre operator located in London Edge site Farnborough, South West of London
  • Datum Datacentres operates a fully-contracted brownfield facility with potential for further capacity expansion on site and development of a multi-site platform
  • Datum demonstrates strong ESG credentials- market-leading power usage effectiveness (PUE), and 100% use of renewable energy and carbon offsetting

Commenting on the announcement, Tommaso Albanese, Global Head and CIO of Infrastructure at UBS REPM said:

This transaction represents an exciting investment in a fast-growing and high-performing sector. 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.

Dominic Phillips, CEO at Datum Datacentres commented:

Datum is delighted to welcome UBS Asset Management as a long-term investor in the business. This provides certainty to our clients & business partners as well as ratifying the client-centric approach we take in all we do, whilst supporting our ambitions for the development of our operations.

Key information

This is UBS REPM’s second infrastructure data transaction of 2021, having previously financed a facility in the re-purposed Lefdal olivine mine in western Norway in May 2021.

UBS REPM was advised on the transaction by Arup, Pinsent Masons, Quantuma and Eight Advisory.

Datum was advised on the transaction by Grant Thornton and Travers Smith.

Media contacts

Headland Consultancy

UBSREPM@Headlandconsultancy.com

+44 (0)78 2655 0797

 

UBS Asset Management 

Krystal Miller - ol-am-mediarelations@ubs.com

+44 (0)20 7901 5537

Press contact

Aanisa Allali-Williams

0333 202 3195

aanisa.allali-williams@datum.co.uk

More blog and news

Female customer service assistant wearing telephone headset

News

14 June 2022

Our service culture is an integral part of our ethos. We are looking for a Client Service Manager to help us maintain excellence in our client-centric service.
Birthday cake with 10 candles

Blog

10 June 2022

To mark our ten-year anniversary, we have pulled together some key things that our core team has learned from Datum’s first decade.
Woman using laptop on bed

Blog

23 May 2022

The growth in remote working poses new IT challenges. A correspondingly hybrid data centre architecture is essential to make remote working possible.
Lorries on a road

Blog

21 April 2022

Much like moving house, there are many elements to consider when choosing a location for your precious business-critical IT and workloads.
Space rocket shooting into space

News

15 March 2022

To be ranked 8 out of 25 in this year’s prestigious Megabuyte Emerging Stars places us amongst the very best of the UK’s tech scale ups
One blood orange amongst normal oranges

News

15 February 2022

Datum Datacentres is currently seeking a Datacentre Engineer and Compliance Specialist to join the engineering team at our Farnborough colocation data centre.