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pbb grants a loan of €45 million for the “dataR” data centre in Rellingen near Hamburg

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Munich, 12 June 2026 – Deutsche Pfandbriefbank AG (pbb) has provided a development and investment facility of €45 million for a future special-purpose vehicle of the “HAL Digitale Infrastruktur Deutschland 1” special fund managed by the Real Estate Investment Management division of Hauck Aufhäuser Lampe Privatbank (HAL REIM). The loan is intended for the development and operation of the “dataR” data centre in Rellingen near Hamburg. With a white space area of 2,450 square metres in the form of a colocation data centre, the aim is to achieve an IT capacity of five megawatts.

With this decision, pbb is underlining its commitment to sustainable infrastructure projects and acted as arranger and sole lender under the facility. Through this financing, the bank is also supporting the targeted expansion of high-performance digital infrastructure and helping to ensure stable IT capacities for businesses and public institutions. 

Gerhard Meitinger, Head of REF Germany at Deutsche Pfandbriefbank (pbb), said: “Data centres are a key component of the digital value chain. This project stands out thanks to a viable business model and modern technology. The decisive factors in our decision to grant the €45.0 million loan were the high level of security, the professional operator and the sustainable demand growth – independent of any funding or subsidy models.”

Patrick Brinker, Head of Real Estate Investment Management at Hauck Aufhäuser Lampe, said: “Many banks have so far remained cautious when it comes to financing regional colocation data centres. Yet many factors, including strong demand, the backlog in digitalisation in Germany, the strategically favourable location in Europe and the attractive return potential, argue in favour of investing in this asset class. We are therefore all the more pleased that we were able to secure Deutsche Pfandbriefbank for our data centre project in Rellingen.”

The data centre was designed as a state-of-the-art new build and meets very high standards of availability, security and technical resilience. It is designed for reliable 24/7 operation and addresses the rapidly growing demand for professional IT infrastructure services, particularly for cloud applications, data-intensive business models and critical IT infrastructures. It also features redundant connectivity to the global network hubs in Amsterdam and Frankfurt am Main.

The “HAL Digitale Infrastruktur Deutschland1” fund, launched and managed by HAL REIM, is a special AIF regulated under Article 8 of the EU Disclosure Regulation with a target volume of €500 million. The investment focus is on new or nearly new colocation data centres that take regulatory sustainability aspects into account and are AI-ready.

About Hauck Aufhäuser Lampe Privatbank AG

HAUCK AUFHÄUSER LAMPE looks back on a tradition spanning some 230 years. The bank emerged from the merger of three long-established private banks: Georg Hauck & Sohn Bankiers in Frankfurt am Main, founded in 1796; Bankhaus Lampe, founded in Bielefeld in 1852; and Bankhaus H. Aufhäuser, which has been operating in Munich since 1870. The two firms, Georg Hauck and Bankhaus H. Aufhäuser, merged in 1998, with Bankhaus Lampe joining them in 2021. Hauck Aufhäuser Lampe has been part of the ABN AMRO Group since 2025. The bank’s Executive Board consists of Chairman Michael Bentlage and Executive Board members Oliver Plaack, Dr Holger Sepp and Gordan Torbica. HAUCK AUFHÄUSER LAMPE sees itself as a private bank steeped in tradition yet modern in outlook.

The private bank focuses on the core business areas of private and corporate banking, asset management, asset servicing and investment banking. Its business activities centre on providing comprehensive advice and managing the assets of private and corporate clients, asset management for institutional investors, comprehensive custodian services for financial and real assets in Germany and Luxembourg, and collaboration with independent asset managers. In addition, Hauck Aufhäuser Lampe offers research, sales and trading services specialising in small and mid-cap companies in German-speaking countries, as well as bespoke services for IPOs and capital raises.

www.hal-privatbank.com