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CBRE Puts 16.5-Acre Data Centre Development Site In Slough Up For Sale

about 1 year ago by Lucy Cinder

CBRE Puts 16.5-Acre Data Centre Development Site In Slough Up For Sale

Data Centre

CRBE Data Centre Solutions has formally launched the sale of Axis, a data centre development opportunity in Slough, UK on behalf of London based investment firm Columbia Threadneedle.

The company revealed that the 16.5-acre freehold data centre site makes room of the opportunity to develop a 132MW hyperscale data centre or a multi-facility colocation campus.

The vendor has received a viable formal quotation from the DNO, giving the purchaser the ability to reserve 132MW of power – delivered diversely from a major local bulk supply point six kilometres away, the company revealed.

There is also a separate nearby independent substation with an existing headroom of c.20MW as of August 15th 2019. 

The site has been designated into two plots: Plot A is for a data centre facility, and Plot B is for mixed-use.

Both plots respond to specific development objectives held by Slough Borough Council (SBC) for the site.

The existing site is predominantly made up of office and light industrial uses currently providing a current annual rent of £2.3m with 80% of the site becoming vacant in October 2020, according to CBRE.

Data Economy reached out to Columbia Threadneedle for further comment regarding the site, to which the company is yet to respond. 

CBRE mentioned that the site benefits from a plethora of national and international fibre providers within close proximity of the area, and added that the site also benefits from a reduced travel time to London of around 25 minutes once the new cross rail station is opened. 

Parties that are interested in bidding for the site, have been asked to submit their bids before 12pm GMT on 18 October. 

The UK’s data centre market is still one of the most sought after in the world as a recent report from BroadGroup highlighted that the US is still where people want to be, despite long-term power availability and cost being some of the key concerns.

source dataeconomy

Industry: Data Centre / Data Center

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