GARBE Industrial Real Estate and NDC Data Centers establish Joint Venture
Partners combine competencies in data center technology and real estate to serve the data center market in Europe.
Hamburg/Munich, 04 October 2019 – GARBE Industrial Real Estate GmbH, Hamburg and the Data Center specialist, NDC Data Centers GmbH, Munich have joined their competencies in a Joint Venture. The goal of the newly established company, NDC-GARBE Data Centers Europe GmbH, is to develop sustainable data centers for the European market. The Joint Venture offers a replicable solution which seamlessly bundles all processes from site sourcing to fast delivery. The concept is to be established as the „factory for data centers“ serving hyper scalers, wholesalers and collocation companies, as well as large corporate owners of data centers.
“With the Joint Venture, we consistently follow our diversification strategy, thereby creating an effective and financially sound vehicle with distinct data center and real estate competencies“ explains Christopher Garbe, CEO and shareholder of Garbe Industrial Real Estate.
The partner is anticipating great development potential based on the patented and verified technology concept, which reduces construction time, energy as well as resource consumption. As models indicate, through rapid growth, the data center market will consume 10% of worldwide power consumption by 2030. “In its development of data centers, the joint venture will benefit from the well established project development knowledge of Garbe Industrial Real Estate and the access to its landbank”, says Spyridon Linardakis, CEO and shareholder of NDC Data Centers. This unique partnership allows development beyond solitary data centers resulting in an over-arching EDGE infrastructure. Peter Pohlschroeder, Managing Director Real Estate Development of NDC-GARBE Data Centers Europe is convinced “that we are in a growing market’s pole position at the right time. Our sites perfectly meet customer’s expectations. The availability of sites plus our increased ability to perform will reduce the delivery time significantly.”
NDC Data Centers aims to provide resource efficient data centers by decoupling the increasing demand on energy and resource footprint. The patented and internationally recognised technology allows energy savings from cooling of up to 90%, compared to the conventional approach. An evaluation of the Frauenhofer Institute has confirmed the solution’s performance and spatial efficiency, certifying a potential to reduce building footprint by 50%. This results in a reduction of up to 30% CAPEX and 50% OPEX, not to speak of the potential to cut CO2 emissions by 30%.
“The bundling of competencies in technology, real estate, energy market and management through a whole systems approach opens an amazing potential to not only provide ultra efficient data centers, but also deliver this fast and in a cost attractive manner” explains Dr. Martin Wilderer, Managing Director Strategy & Development of NDC-Garbe Data Centers Europe. “In combination with our efforts to digitize and modularise the supply chain, we are on a good path towards our vision of a data center on demand.”
With the recently established SPV Nordic Data Centers in Swedish Skellefteå and the recent procurement of sites in Frankfurt and Munich, the newly established NDC-Garbe Data Centers Europe GmbH shows great promise on track for European expansion.