JLL acted as the sole agent to DCITE, a specialist data centre development platform backed by Nilo Partners and ADEQUA Real Estate, on the disposal of a development site part of Parc de l’Alba to Global Technical Realty
News release
03 October 2023
JLL advises on the disposal of development site for new data centre facility in Spain
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LONDON , 4 October 2023 – JLL acted as the sole agent to DCITE, a specialist data centre development platform backed by Nilo Partners and ADEQUA Real Estate, on the disposal of a development site part of Parc de l’Alba to Global Technical Realty.
Strategically located in Barcelona’s prime data centre cluster, Parc de l’Alba is one of the largest and most promising technology developments in Catalonia. As an emerging data centre hotspot in Southern Europe, Parc de l’Alba has a planned connection to the submarine cable landing station and seven different carriers.
Pepe Singla, Partner at DCITE, commented: “Our platform is currently very active and we are happy to have helped Global Technical Realty with this fully provisioned site. Parc de l’Alba offers an opportunity to be part of Catalonia’s most strategic knowledge hubs. With excellent local, national and international connectivity, this land has the necessary planning, geotechnical and environmental requirements to host a new data centre facility. JLL’s specialist data centre knowledge and international and local teams’ expertise was instrumental for the success of this transaction.”
Tom Glover, Head of EMEA Data Centre Transactions, JLL, said: “We’re delighted to have supported Nilo Partners and ADEQUA Real Estate on this strategic sale. Secondary data centre markets are becoming more sought out across the region, and interest in this land illustrates the growing demand for suitable locations that meet regulatory and environmental criteria.”
Hamish Smith, Director, Data Centre Capital Markets EMEA, JLL, added: “Faster compute times have become crucial as we enter an era filled with data-intensive applications. As a result, data centre location strategy is becoming more critical in Europe, where we are seeing demand for digital infrastructure continue to outpace supply. This land provides the unique opportunity to be strategically located in an emerging technological hub.”
Europe saw the largest second quarter on record for data centre demand in Europe, according to the latest data from JLL, with 114MW of take-up tracked across Europe’s established markets.
About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 106,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.