GSK Stockmann, working with a team of other firms including Troutman Pepper Locke, advised global digital infrastructure company Colt Technology Services on the sale of six of its data centres to NorthC, a data centre operator headquartered in the Netherlands. As part of the deal, Colt will also divest two of its other data centres in London to NorthC’s majority owner DWS Group.

The eight data centres included in the transaction are in Amsterdam, Berlin, ‎Düsseldorf, Frankfurt, Hamburg and Munich, as well as the two in London. The data centres were part of the ‎assets Colt gained with its acquisition of Lumen EMEA in 2023.

GSK Stockmann, working with Troutman Pepper Locke and a team of further local counsel and instructed by Nadine Ramasamy, Alex Galtieri and Annarita Spena of Colt, advised on the German real estate aspects of the deal and also on Colt’s ongoing partnership with NorthC. Colt’s future relationship with NorthC will include Colt retaining network equipment in the divested data centres as part of its global digital ‎infrastructure, which connects 32,000 buildings, spans more than 40 countries, reaches more than 275 ‎points of presence, and includes 10 subsea cable systems‎.

The transaction is expected to close in summer 2025.

[caption id="attachment_48296" align="alignnone" width="300"] GSK Berlin[/caption]

Advisers of Colt at GSK Stockmann:

Dr Olaf Schmechel (lead partner, Real Estate/Data Centres), Çağlayan Birkan (Real Estate), Sören Wolkenhauer (Energy), Dr Jörg Kahler (IP/IT), Dr Anna Charlotte Kümpers (Public Law)

GSK Stockmann is a leading independent European corporate law firm. Over 250 professionals advise German and international clients at our locations in Berlin, Frankfurt/M., Hamburg, Heidelberg, Munich, Luxembourg and London. GSK is the law firm of choice for Real Estate and Financial Services. We also have deep-rooted expertise in key sectors including Funds, Capital Markets, Public, Mobility, Energy and Healthcare. For international transactions and projects, we work together with selected reputable law firms abroad. Our advice combines an economic focus with entrepreneurial foresight. That is what is behind:  Your perspective.

More about us: www.gsk.de/en GSK Stockmann, working with a team of other firms including Troutman Pepper Locke, advised global digital infrastructure company Colt Technology Services on the sale of six of its data centres to NorthC, a data centre operator headquartered in the Netherlands. As part of the deal, Colt will also divest two of its other data centres in London to NorthC’s majority owner DWS Group.

The eight data centres included in the transaction are in Amsterdam, Berlin, ‎Düsseldorf, Frankfurt, Hamburg and Munich, as well as the two in London. The data centres were part of the ‎assets Colt gained with its acquisition of Lumen EMEA in 2023.

GSK Stockmann, working with Troutman Pepper Locke and a team of further local counsel and instructed by Nadine Ramasamy, Alex Galtieri and Annarita Spena of Colt, advised on the German real estate aspects of the deal and also on Colt’s ongoing partnership with NorthC. Colt’s future relationship with NorthC will include Colt retaining network equipment in the divested data centres as part of its global digital ‎infrastructure, which connects 32,000 buildings, spans more than 40 countries, reaches more than 275 ‎points of presence, and includes 10 subsea cable systems‎.

The transaction is expected to close in summer 2025.

[caption id="attachment_48296" align="alignnone" width="300"] GSK Berlin[/caption]

Advisers of Colt at GSK Stockmann:

Dr Olaf Schmechel (lead partner, Real Estate/Data Centres), Çağlayan Birkan (Real Estate), Sören Wolkenhauer (Energy), Dr Jörg Kahler (IP/IT), Dr Anna Charlotte Kümpers (Public Law)

GSK Stockmann is a leading independent European corporate law firm. Over 250 professionals advise German and international clients at our locations in Berlin, Frankfurt/M., Hamburg, Heidelberg, Munich, Luxembourg and London. GSK is the law firm of choice for Real Estate and Financial Services. We also have deep-rooted expertise in key sectors including Funds, Capital Markets, Public, Mobility, Energy and Healthcare. For international transactions and projects, we work together with selected reputable law firms abroad. Our advice combines an economic focus with entrepreneurial foresight. That is what is behind:  Your perspective.

More about us: www.gsk.de/en