Ashurst advises MEAG on Investment in Data Centre Platform with four Data Centres located in Frankfurt and Zurich
Ashurst has advised MEAG, the asset manager of Munich Re and ERGO, on a significant investment in a data centre platform comprising four data centres in the DACH region. A consortium consisting of MEAG, for Munich Re investors, and the Government of Singapore Investment Corporation (GIC), acquired these data centres from Vantage Data Centers, a global leader in hyperscale data centres.
The acquisition includes four state-of-the-art data centres, two located in Frankfurt and two in Zurich. These facilities have an IT capacity of 72 megawatts (MW). This transaction builds on the first successful investment partnership between Vantage and MEAG, which includes six data centres in the UK and Germany with an IT capacity of 177 MW.
Vantage Data Centers will continue to manage and operate the acquired data centres as part of its global portfolio. This strategic partnership allows Vantage to further expand its presence in the DACH region while meeting the growing demand for hyperscale data centres.
MEAG is the asset manager of Munich Re and ERGO, managing assets worth over 330 billion euros. MEAG operates in Europe, Asia, and North America, offering a wide range of investment opportunities to institutional investors and private clients.
Vantage Data Centers is a global leader in hyperscale data centres, providing innovative and sustainable solutions for the world’s largest technology companies. With a global portfolio spanning North America, Europe, and Asia, Vantage adheres to the highest standards of efficiency, security, and reliability.
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Ashurst advises MEAG on Investment in Data Centre Platform with four Data Centres located in Frankfurt and Zurich, source
