CyrusOne has confirmed plans for a new data center in Frankfurt, Germany.
The company this week announced plans to build its next data center in Frankfurt, named FRA6, following the acquisition of the Europark office site in Sossenheim.
Set on 27,500 sqm (296,000 sq ft), FRA6 will offer a total IT capacity of 72MW over four floors, with each level delivering 18MW. Timelines for development weren’t shared.
“The acquisition of the Europark site further demonstrates CyrusOne’s commitment to Frankfurt as the digital capital of Europe and our ongoing European expansion. We are continually assessing the market with a view to increasing our presence in the Frankfurt area,” said Andreas Paduch, area VP of European sales at CyrusOne. “Initial discussions with hyperscale customers and other large enterprises have revealed significant early interest in FRA6 and we look forward to continuing these as we progress the build. This underscores both our expertise in this market and our ability to consistently deliver solutions that are instrumental to our customers' business success and expansion goals.”
CyrusOne acquired the EuroPark site, located at Wilhelm-Fay Strasse 31-37, from investment group Corum for €95 million ($102.3m) in January 2023. At the time of the sale, the site was leased to Deutsche Bank.
CyrusOne confirmed the acquisition to DCD at the time, saying the site offered a “significant opportunity” for the company to deliver further data center capacity to customers but without giving further details.
At the time of the sale, Luke Jackson, director of International Capital Markets EMEA at JLL, said the existing 50,000 sqm (528,200 sq ft) office building is currently fully-let to Deutsche Bank with a two-year weighted average unexpired lease term (WAULT) but “will be repositioned to a hyperscale facility over the medium term.”
KKR-owned CyrusOne currently has five facilities in Frankfurt in operation or development, most less than 500m away from the acquired site on the opposite side of the road.
Frankfurt l offers 9.1 MW of capacity across 4,950 sqm (53,400 sq ft); Frankfurt II offers 17.6MW across 8,400 sqm (90,350 sq ft); both were acquired from Zenium in 2017. Frankfurt III offers 22MW across 11,500 sqm (123,800 sq ft); and Frankfurt IV offers 11 MW across 5,400 sqm (58,050 sq ft).
In November 2021, the company announced plans for Frankfurt V, a 90MW facility located in the Hanau area to the east of Frankfurt. Construction is planned to start in Q2 2023, with the first 9MW phase of capacity due to be delivered in Q3 2024.
Digital Realty operates a campus nearby at Wilhelm-Fay Strasse 15; at full build-out, the site will total three buildings and 16,700 sqm (180,000 sq ft) and 27MW. Colt operates a facility at Wilhelm-Fay Strasse 7 as its Frankfurt West location, offering 2.4MW across 1,140 sqm (12,300 sq ft).