M&A
Private equity
WFW advises Westend Real Assets on the acquisition of two colocation data centres
Deals

2 November 2026

Watson Farley & Williams ("WFW") has advised Westend Real Assets GmbH ("Westend Real Assets") on the acquisition of two colocation data centres in Hamburg from Deutsche Beteiligungs AG ("DBAG"). WFW also advised on the acquisition financing with Deutsche Pfandbriefbank AG ("pbb").

The transaction comprises the "Leuchtturm" data centre in Hamburg-Alsterdorf and the "Rahlstedt" data centre in Hamburg-Rahlstedt. Both facilities are operated by the IT service provider and data centre operator akquinet. With the acquisition, Westend Real Assets is expanding the portfolio of the special AIF "HAL Digitale Infrastruktur Deutschland 1" by two operational data centres with additional expansion potential.

Frankfurt-based Westend Real Assets is a wholly owned subsidiary of Westend Bank AG, which is owned by the Hopp family, and specialises in the management of institutional real estate and real asset investments. As asset manager, the team manages assets of around EUR 750 million in five special funds. The special AIF "HAL Digitale Infrastruktur Deutschland 1" managed by Westend Real Assets invests in modern colocation data centres in Germany.

DBAG is a listed private equity company and one of the leading private equity firms for German mid-sized companies. DBAG has supported more than 400 investments to date; the assets it manages or advises amount to around EUR 2.8 billion.

pbb is a leading European specialist bank for the financing of commercial real estate investments and supports clients in demanding real estate and financing transactions throughout Europe.

Jörn Fingerhuth commented that with the acquisition of these two data centres, Westend Real Assets is specifically strengthening its commitment to digital infrastructure, that the transaction combines existing operational stability with further development potential and underlines the attractiveness of this segment for long-term investors. (Quote rendered in summary form.)

Advisors: the WFW infrastructure team: Jörn Fingerhuth (Partner, Corporate/Real Estate, München, Federführung), Andrey Latyshev (Counsel, Finance, Frankfurt), Tatjana Giutronich (Counsel, Hamburg), Josephina Knauf (Senior Associate, Düsseldorf), Fabienne Bischoff (Senior Associate), Stefan Riedmeyer, Tetiana Arkhipova (beide Associate, beide München, alle Corporate/Real Estate), Julian Kasper (Senior Associate, München), Moritz von Baumbach (Senior Associate, Hamburg, alle Corporate), Dr. Stefan Kilgus (Partner), Dr. Marlene Kowerk (Managing Associate, beide Hamburg), Leon Rupp (Associate, Frankfurt alle Finance), Dr. F. Maximilian Boemke (Partner), Wiebke Westermann (Senior Associate, beide Regulatory, alle Hamburg), Manuel Burghardt-Rustler (Counsel, Frankfurt), Dr. Alexander Brune (Associate, Hamburg), Finn Ortmeier (Associate, München, alle Tax)

This text was automatically translated from the German original.