Invesco seeks buyer for £15.35m Trafford data centre
The 47,700 sq ft facility benefits from a recently-signed 30-year lease to Equinix and is being sold as part of a wind down of St James’s Place’s property fund.
Invesco has appointed CBRE to find a buyer for the Trafford Wharf building, described in marketing materials as “network critical” and one of the “most modern and technically advanced” data centres in Manchester.
The facility is a retail colocation site, which means space is rented by several organisations to house their servers, as opposed to a wholesale colocation site, which is let to or owned by a single tenant.
Offers in excess of £15.35m are being sought for the data centre, reflecting a net initial yield of 5%.
The two-storey facility has 3MW of power and “flexible power densities up to 20kW per rack”, according to marketing materials.
St James’s Place is seeking to offload the asset in line with the managed wind down of its £1.8bn property funds, announced in 2024.
