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Case Study

Aviva - Data Centre Disposal in North London

UK Data Centres - Case Studies 2013 - Aviva_Main.jpg
Challenge
To dispose of a legacy Tier II Data Centre in north London requiring significant upgrade works and with 1 MVA of existing incoming power.

Solution
We devised and agreed a targeted marketing campaign recognising the challenges of the existing infrastructure and focussed on potential occupiers based on their business models.

Results
Strong levels of occupier interest from data centre operators.
Purchaser identified through agreed marketing initiatives.
Agreed terms in line with recommendations.
Reduced year on year management costs.
 
Philip Butler, Asset Manager – Aviva Investors commented:

“JLL’s Data Centre Solutions Group did well to secure a new long term letting of this redundant data centre in a challenging market and negotiated above market terms for the fund in line with their recommendations.”
 

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