CONSTRUCTION
this project , and we broke ground on the site mid-2016 ,” Tilley explains . “ We are due for completion at the end of August 2017 , and that will deliver a brand new powered shell data centre scheme to the London docklands market , which has never been seen as a product set .
“ What does that mean for us ? It shows JLL ’ s capabilities to take a prime development site and ensure that the client takes the right advice to purchase sites at the right time in the market , and that the correct planning management measures are in place .” This has ensured that the product has been timed to market in such a way that it reduces leasing risk for the Fund and maximises returns .
As Tilley ’ s team is pan European , they have been working thoroughly to bring forward an East metro Frankfurt site , working jointly with a private equity group to , again , identify a lack of data centres land / buildings and bring product to market in a timely manner . Tilley and his team ran with this unique opportunity , launching a large development scheme within the heart of the metro area with access to all major metro routes in Frankfurt and ensuring the availability of a diverse power supply – this was crucial for this area of Frankfurt , which is significantly power constrained . Tilley dealt with Mainova to ensure that a diverse 35MVA power supply was secured . JLL is currently undertaking the planning permission process to create a 380,000 sq ft data centre , and engaging with end-users to pre-let the site , such is the level of trust and loyalty that JLL inspires .
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