Areim announces final closing of a data centre fund with EUR 446 million in committed capital
13 June 2023Areim has completed the final close of its Nordic data centre fund, Areim DC Fund, reaching its target with EUR 446 million in committed capital from leading institutional investors. Areim DC Fund is focused on expanding its data centre platform, through its ownership in EcoDataCenter.
Areim has owned EcoDataCenter since 2018 and the ownership has now been transferred to Areim DC Fund, which will support the future growth of the company.
“We are proud and happy of the trust we have received from the investors in our dedicated data centre fund. We see an increased interest in the data centre sector in the Nordics, supported by the strong digitalisation trend but also by the attractive characteristics of the Nordic market. With our newly established fund, we have the opportunity to support the green transition within the industry, through EcoDataCenter, to meet society’s needs today and in the future,” says Therese Norling, Fund Manager, Areim.
Evercore acted as financial adviser and exclusive global placement agent, and Andulf Advokat provided legal counsel to Areim DC Fund.
For more information, please contact:
Helena Skarle
Head of Communications
+46 733 67 66 82
helena.skarle@areim.se
About Areim
Areim AB is an independent Nordic property owner and fund manager with head office in Stockholm and offices in Copenhagen, Helsinki, Oslo, and London. We own real estate across the Nordic region within the light industrial, residential, office, retail, and data centre sectors. Since the start in 2003, we have invested in underdeveloped real estate where we can add lasting value during our ownership. We see potential in challenging ventures as opportunities for growth. Our vision is to invest in new shapes of progress, for society and beyond. Our goal is to create lasting value for all our stakeholders by balancing good financial results with sustainable societal development and care for people. And smile while we do it. Read more at www.areim.com
About EcoDataCenter
EcoDataCenter is a leading supplier of sustainable data centres, founded in 2014 to enable the green transition. In 2019 the company opened the doors to one of the world’s most sustainable data centres, EcoDataCenter 1 in Falun, Sweden. The ambition is to become the leading data centre company in the Nordics. Clients today range from large industries, AI companies and space exploration. Read more at ecodatacenter.tech