Article

AEW has entered the German data center market by acquiring a fully leased facility in Nuremberg, intended for AEW Patrimoine AEW Diversification Allemagne. This marks AEW's first investment in this asset class in Germany.

The 2,592 m² data center, sourced from AVENTOS, features external infrastructure for power and fiber-optic connectivity and is leased to a recognized global technology group. The German data center market is the largest in the EU and is projected to grow at a CAGR of 8.9% by 2030. This acquisition increases AEW Diversification Allemagne’s assets under management to €169.9 million, enhancing its sector diversification.