Garbe and NDC in joint venture for faster and greener data centres
German companies Garbe Industrial Real Estate and NDC Data Centers have teamed up to develop sustainable data centres for the European market.
The duo said they have formed NDC-Garbe Data Centers Europe to offer a “replicable solution which seamlessly bundles all processes from site sourcing to fast delivery”.
The new joint venture company already has two projects in the pipeline to create facilities in Munich and Frankfurt, with which it hopes to attract wider attention prior to expanding into other European markets. It also recently established SPV Nordic Data Centres in Skellefteå in Sweden.
In a joint statement, the partners said the joint venture “offers a replicable solution which seamlessly bundles all processes from site sourcing to fast delivery, establishing a factory for data centres”, serving hyperscalers, wholesalers and co-location companies, as well as large corporate owners of data centres.
The idea of the partnership is to streamline the process of acquiring land and then setting up data centers. With sustainability in mind, NDC Data Centers claims it can provide greener data centers by reducing the energy demand and carbon footprint while allowing for energy savings from cooling.
Christopher Garbe, CEO and shareholder of Garbe Industrial Real Estate, said: “With the joint venture, we’re being consistent in following our diversification strategy, thereby creating an effective and financially sound vehicle with distinct data centre and real estate competencies.”
Dr. Martin Wilderer, managing director strategy and business development of NDC-GARBE Data Centers Europe, said: “The bundling of competencies in technology, real estate, energy market and management through a whole systems approach opens an amazing potential to not only deliver ultra-efficient data centers, but also deliver this fast and in a cost attractive manner. In combination with our efforts to digitize and modularize the supply chain, we are on a good path towards our vision of a data center on demand.”
The family-owned Garbe recently postponed its plans to float its Logistrial logistical property unit on the Frankfurt Stock Exchange due to market nervousness and a less-than-favourable climate for new launches. The IPO was expected to raise €500m-€565m to finance the acquisition of a secured seed portfolio from its parent, which would have continued to manage the assets.