• Purchase of a 7,345 m2 property with 7,200 m2 of floor space
  • 3,600 m2 data center space in two commercial buildings
  • Total cost of around EUR 8.4 million
  • Net annual rent in the amount of approximately EUR 735,000

Marburg, March 4, 2014 – 3U HOLDING AG purchased a data center including two commercial buildings in Hannover today.

The overall object in Hannover comprises of two buildings on an area totaling 7,345 m2. The floor space of 3.067 m2 of the one building is used exclusively as a data center. The other building with 4,141 m2 of floor space, which is mainly used as an office and administration building, also hosts the approx. 550 m2 data center of 3U Telecom GmbH which was leased December 1, 2013.

Both buildings are currently 100% leased, with rental agreements of different maturities. Currently, an annual net rent of around € 735,000 is achieved.

3U HOLDING AG has a binding financing commitment for the financing of the commercial property.