Aareal Bank Expands into Data Centers with Initial Financing
Deal News | Aug 12, 2025 | White & Case LLP

The global law firm, White & Case LLP, has played a pivotal role in assisting Aareal Bank with its initial foray into the data center sector. This move marks a strategic expansion of Aareal Bank's product portfolio to encompass digital infrastructure. The transaction involved a €160 million loan for the acquisition of the Frankfurt I Data Center in Mörfelden-Walldorf, with the Goodman Group acting as the acquirer. Aareal Bank's role in the deal included serving as the Arranger, Facility Agent, and Security Agent. White & Case's legal team, led by Frankfurt partner Sbastien Seele, comprised partners and associates across Frankfurt, Luxembourg, Berlin, and Brussels. This transaction signifies Aareal Bank's commitment to diversifying into the growing digital infrastructure asset class, underscoring their ambitions in the realm of data center financing.
Sectors
- Legal Services
- Real Estate Finance
- Digital Infrastructure
Geography
- Germany – Aareal Bank is based in Germany, and the data center being financed is located in Mörfelden-Walldorf, near Frankfurt.
- Luxembourg – Several members of the White & Case legal team involved in the transaction are based in Luxembourg.
Industry
- Legal Services – White & Case LLP is involved in legal advisory for the financial transaction.
- Real Estate Finance – Aareal Bank is a leading international real estate financier engaged in this financing transaction.
- Digital Infrastructure – The article discusses a financing transaction involving a data center, a key component of digital infrastructure.
Financials
- €160 million – Loan amount provided by Aareal Bank for the acquisition of a data center.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Aareal Bank | Lender/Arranger, Facility Agent, Security Agent | Company | Aareal Bank is an international real estate financier that is expanding into digital infrastructure financing. |
| White & Case LLP | Legal Advisor | Company | White & Case LLP is a global law firm that provided legal advisory services for the financing transaction. |
| Goodman Group | Acquirer | Company | Goodman Group acquired the Frankfurt I Data Center with the loan facilitated by Aareal Bank. |
| Frankfurt I Data Center | Target | Company | The data center acquired by the Goodman Group with financing from Aareal Bank. |