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Monday, September 26, 2022
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RJ advises Cerámicas Catalonia on RE sale to Aquila Capital

RocaJunyent has advised Cerámicas Catalonia on the sale of a plot of land in Cerdanyola del Vallès (Barcelona) to Aquila Capital, who will invest €300 million in setting up a data centre

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The German fund Aquila Capital will invest €300 million in a data centre in Cerdanyola del Vallès (Barcelona) with a capacity of 40 MW, according to market sources. Announced in partnership with CBRE, the company’s second facility will offer a capacity of 50MW and is planned to be ready for operation by mid/end 2024.

The new data centre will be built on land in Parc de l’Alba that was previously owned by Cerámicas Catalonia. To carry out this operation, AQ Capital has created the AQ Compute brand, which seeks to develop four data centres in Tier 2 cities (outside the main markets: Frankfurt, London, Amsterdam and Paris) where it has detected consistent demand.

The project will have a capacity of 40 MW. Cerámicas Catalonia, since 1986, has been one of the leading companies in the sale and distribution of building materials and solutions in Catalonia.

Petter M. Tømmeraas, CEO of AQ Compute, said: “We are delighted to enter this extraordinary agreement that will reshape the landscape of data center services in Europe with a focus on sustainability. The need for computing capacities is rising and, together with CBRE, we will be able to cater for the high demand from clients in Europe and across the globe.”

The operation has been led by Roger Pla and Dolors Roca, Real Estate partner and of counsel, respectively.

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