Back

Acquisition of European data centre portfolio and operating platform

Acquisition of European data centre portfolio and operating platform

Press Release
09 July 2018

AXA Investment Managers - Real Assets grows digital infrastructure exposure with acquisition of European data centre portfolio and operating platform

AXA Investment Managers - Real Assets (“AXA IM - Real Assets”), a global leader in real asset investments and the leading(1) real estate portfolio and asset manager in Europe, announces that it has acquired, on behalf of its client, AXA France, the remaining interest in DATA4, a leading owner and operator European data centre, increasing AXA IM - Real Assets’ client’s ownership of the platform from 37% to 100%. The stake was acquired from funds managed by Colony Capital.

DATA4 finances, designs, builds and operates data centres and currently provides a total of 27,100 sqm of net technical space and over 140 MW of available power. It currently operates 15 data centres across three sites in France, Italy and Luxembourg, 12 of which it owns, including Europe’s largest and most powerful data centre campus, located in Paris.

In addition, DATA4 continues to steadily increase its capacity with a strong pipeline of development opportunities under review, both on existing campuses and new sites. All of the high-performing assets in the DATA4 portfolio stand out as being best-in-class, wholly secure and environmentally friendly, while the platform has a diversified client base of 80 customers, including leading international cloud providers.

The acquisition is in line with AXA IM - Real Assets’ client’s strategy to hold institutional quality long-term assets in the digital infrastructure sector and invest in platforms with the capacity to grow.

Isabelle Scemama, CEO of AXA IM - Real Assets, commented: “This strategic investment further expands our Real Assets business and immediately provides AXA IM - Real Assets with a meaningful exposure to the growing digital infrastructure sector and its attractive demand-driven potential. Having worked with DATA4 for the past six years, we have full confidence in its market-leading capabilities in the data centre management space, and believe that having our own operating platform will provide AXA IM - Real Assets with a competitive edge as we look to take advantage of its scalable potential.”

– ENDS –

1 Source: INREV/ANREV Fund Manager Survey – May 2018 – in terms of assets under management

 

Press Contacts

AXA Investment Managers - Real Assets
Charline Coué, Media Relations Manager
Jocelyne Tamssom, Head of Communications
Tel: +33 1 44 45 97 95
PressOfficeAXAIMRealAssets@axa-im.com

FTI Consulting Inc.
Richard Sunderland, Ellie Sweeney, Richard Gotla, Methuselah Tanyanyiwa
Tél: +44 20 3727 1000
AXAIMRealAssets@fticonsulting.com

Note to editors

AXA Investment Managers is an active, long-term, global, multi-asset investor. We work with clients today to provide the solutions they need to help build a better tomorrow for their investments, while creating a positive change for the world in which we all live. With approximately €745 billion(1) in assets under management as at end of March 2018, AXA IM employs over 2,390 employees around the world and operates out of 30 offices across 21 countries. AXA IM is part of the AXA Group, a world leader in financial protection and wealth management.

AXA Investment Managers - Real Assets has €76 billion in assets under management, including €58.1 billion in direct property & infrastructure and €14.5 billion in real asset finance as of end of March 2018(2). We offer a 360° approach to investing in real assets, which comprises opportunities in equity or debt, across different geographies and sectors, as well as via private or listed instruments. We are a global leader in real assets investment, the number one property portfolio and asset manager in Europe(3), and one of the largest worldwide. Our teams have been managing funds and mandates for over 30 years and comprise about 650 people in 14 offices that operate in over 20 countries around the world, which provide us with in-depth knowledge of countries, cities and sectors.

AXA Investment Managers is part of the AXA Group, a global leader in financial protection and wealth management.

Visit our websites: www.axa-im.com / https://realassets.axa-im.com

Follow us on Twitter @AXAIM / @AXAIMRealAssets to get our latest information

 

1 Source: AXA IM unaudited data
2 Source: AXA IM - Real Assets’ unaudited data
3 Source: INREV/ANREV Fund Manager Survey – May 2018 in terms of assets under management

 

This document is aimed solely at the media and is for information purposes only. The opinions expressed here are the views of the author and do not constitute investment advice. This is not a recommendation to purchase, sell or subscribe to financial instruments, an offer to sell investment funds or an offer of financial services. This press release is as dated. They do not necessarily represent the views of any company within the AXA Investment Managers Group and may be subject to change without notice. This does not constitute a Financial Promotion as defined by the Financial Conduct Authority. This is for information purposes only. No financial decisions should be made on the basis of the information provided. Past performance is not necessarily representative of future results: performance is not constant over time and the value of investments may fall as well as rise.

Related documents