Led by Frankfurt partner Tobias Faber, international law firm Hogan Lovells has advised, as legal counsel, publicly listed Keppel DC REIT (Keppel) on the acquisition of a data center in the Dutch city of Eindhoven. The transaction was carried out in form of an asset deal.
The Seller in this transaction was a fund affiliated with MCAP Global Finance (UK) LLP, the European subsidiary of New York headquartered Marathon Asset Management LP. The agreed purchase price was € 37.2 million.
This marks the fourth large-volume transaction that Hogan Lovells has advised for vehicles within Keppel Group, after three previous datacenter acquisitions in Frankfurt, Milan and Cardiff.
“We are very proud to have provided legal advice to our long-standing client Keppel on a further acquisition in this sector. Our cross-border team has once again demonstrated the strength of our data centre practice in all areas of law”, said Tobias Faber who was the lead partner in this transaction (along with the Dutch team lead by Aafke Pronk and Carola Houpst) and co- client relationship partner for Keppel.
Hogan Lovells has one of the market leading data center practices globally which offers legal services around the lifecycle of data center transactions. Keppel was advised by the Hogan Lovells Data Center Task Force.
Hogan Lovells team for Keppel DC REIT
Dr. Tobias Faber (Partner), Johannes Groß (Associate), Ruchi Rawat (Foreign Associate) (all Infrastructure, Energy, Resources and Projects Frankfurt);
Jan de Snaijer (Partner), Aafke Pronk (Counsel), Carola Houpst (Senior Associate), Marieke Plaisier (Associate) (all Mergers & Acquisitions Amsterdam).
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