The Eight Advisory UK Team provided tax structuring advice in relation to the acquisition of Datum Datacentres by UBS Asset Management

22 September 2021

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UBS Asset Management (UBS-AM) Real Estate & Private Markets (REPM) recently announced the acquisition of Datum Datacentres. 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.

  • 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

The Eight Advisory tax team comprised of Dean Lake, Charlotte Marr and Tom Sykes.