Fuelled by the growth in data storage and processing and the adoption of artificial intelligence, Goodman Group now has approximately 40% of its global development workbook in data centres 1, with two data centres underway in Germany – both in the Frankfurt region.
Goodman FRA I Data Centre in Mörfelden-Walldorf
"Data centre requirements are a growing driver of demand for our industrial sites, here in Germany and around the world”, said Christof Prange, Head of Goodman Germany.
“They are likely to remain a significant portion of developments in coming years, particularly around the major urban centres where our portfolio is concentrated. Frankfurt is a prime location for technology and the focus market for data centres in Europe, with Savills predicting the city is set to experience some of the highest demand and competition for space over the next few years,” he said.
Goodman has actively sought power and planning across its portfolio globally, over recent years and has a significant prospective pipeline of data centre sites, with secured and potential power allocation of over 3 GW globally.
Germany leading Goodman’s data centre efforts in Europe
After acquiring a 3.5-hectare brownfield site on the south border of Frankfurt in Mörfelden-Walldorf in 2020, Goodman saw the opportunity to service the market with a data centre.
Goodman has been developing for and working with data centre customers for nearly 15 years. The development of our sites as data centres represents a higher value alternative use, given the scarcity of power and sites in our markets. In Frankfurt, the opportunity to build data centres was based on Goodman’s assessment of market dynamics including higher bandwidth usage, little available supply to meet market needs and strong population growth.
Goodman FRA I Data Centre in Mörfelden-Walldorf
Demonstrating strong demand for these types of properties, Goodman has already secured a customer on a long-term lease for its FRA I Data Centre. The facility will provide a powered shell data centre with 80 MVA of power capacity. The customer will work closely with Goodman on the development, with construction already underway.
Goodman is also developing a high-quality powered shell data centre on a 4.5-hectare brownfield plot in Neu-Isenburg, south of Frankfurt. The Goodman FRA II Data Centre will offer a power capacity of up to 100 MVA, ready for customers to install their technical fit-out.
Goodman FRA II Data Centre in Neu-Isenburg
1 As at 30 June 2023.
