Mishcon de Reya has advised DC01UK on the sale of their South Mimms site to Equinix, one of the largest data centre companies and operators. The 85-acre site has a projected total investment value of around £3.9 billion.
The deal marks a landmark moment for the UK's digital and data infrastructure sector, reinforcing its global competitiveness, and supports the UK Government's ambition to establish the country as a global leader in AI, technology and data capability.
James Craig, Director of DC01UK, said: “It’s been a pleasure working with the team at Mishcon de Reya across multiple disciplines on this transaction, which marks an important milestone for the UK’s digital infrastructure sector. The deal reflects the scale of investment and ambition driving the country’s position as a global leader in technology and innovation. The Mishcon team delivered an outstanding service. They managed a complex transaction with exceptional skill and unwavering dedication."
Anju Suneja, Commercial Real Estate Partner at Mishcon de Reya, added: "We are delighted to have advised DC01UK on the sale of their South Mimms site to Equinix, a deal that lays the foundation for one of Europe's largest and most advanced data centres."
The Mishcon team was led by Anju Suneja, with support from a multi-disciplinary team comprising lawyers from our Real Estate, Corporate, Innovation, Tax, Planning, Construction, Private and Property Litigation teams, including Giovanni Castronovo, Oliver Neasham, Johnny Kelly, Claire Hartley, Daniel Goldsborough, Liam Closey, Jonathan Legg, Nicholle Kingsley, Daniel Farrand, Phoebe McLarty, Helena Du, Olivia Fulton, Andrew Williamson, Louise Moore, and Chhavie Kapoor.
With over 140 fee earners, including 46 partners, Mishcon de Reya's Real Estate department is one of London's largest and most diverse property teams. Our Real Estate department includes well-regarded specialist practice areas and provides a one-stop shop for all of our clients' property requirements, delivering a seamless service from investment, structuring, funding, acquisition and planning, through to construction, development, tax and litigation advice. Real Estate is one of the three key strategic sectors outlined in the firm's Vision 2030.
Read more about the Vision 2030 strategy.
Related coverage
The Lawyer