Thanks to its early identification of the sector’s robust demand drivers, AXA IM Alts acquired full control of DATA4 in 2018 and subsequently worked with the company’s management team to drive the substantial growth of the platform. During AXA IM Alts’ ownership, Data4’s portfolio has increased to 31 datacentres across 6 countries with 850MW secured power. This growth, which has included entry into several new markets in Europe was possible through the close collaboration of Data4 management and AXA IM Alts’ on the ground real estate teams. This accelerated expansion programme allowed AXA IM Alts to complete its business plan for the platform ahead of schedule and to crystallize value on behalf of clients.
This investment marks Brookfield’s first major entry into the European data centre market – a region that is expected to experience significant growth in the years ahead – and further expansion of its global data centre platform. Brookfield will leverage its ecosystem to provide best-in-class greenfield development and renewable power capabilities to further build the business throughout Europe. Data4’s long-term inflation-linked contracted business model, with blue-chip hyperscale customers, provides stable and recurring revenues that fit well within Brookfield’s investment strategy.