German investment bank Hauck Aufhäuser Lampe Privatbank has launched a new company focused on data center development.
The real estate investment management arm of Hauck Aufhäuser Lampe (HAL REIM) has established HAL Data Center Development (HAL DCD), a new platform dedicated to developing data centers across Germany.
A wholly owned subsidiary of Hauck Aufhäuser Lampe Privatbank, HAL DCD will handle all aspects of data center projects, including acquisition, planning, financing, construction, and leasing. The company said the new platform will help international investors enter the German market.
In addition to managing HAL’s existing data center properties, HAL DCD will focus on developing turnkey data centers with at least 10MW of IT capacity. Specific details of upcoming projects were not disclosed.
“The new platform combines expertise in data centers with asset management, project structuring, operator relationships, access to capital, and project development experience,” said Patrick Brinker, Head of Real Estate Investment Management at Hauck Aufhäuser Lampe. “As operating partners, our goal is to bring together stakeholders — landowners, operators, authorities, utility providers, financiers, and investors.”
Peter Pohlschröder has been appointed Managing Director of HAL DCD and Co-Head of Digital Infrastructure at Hauck Aufhäuser Lampe Privatbank.
“Driven by the growing demand for data center capacity, we will support HAL’s digital infrastructure fund, international investors, and operators by providing powered shells and ready-to-develop land across Germany,” Pohlschröder said on LinkedIn.
Founded in 1753, Hauck & Aufhäuser Privatbankiers AG is a Frankfurt-based private bank. The company has been active in the data center sector for five years. At the end of 2023, it launched the €300 million ($340.8m) HAL Digital Infrastructure Germany 1 fund. In 2023, the fund acquired a data center development project in Hamburg, associated with x-ion.