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December 4, 2015

UBS buys London data centre

News: Bank carried out £100k works on the site earlier this year.

By

Swiss bank UBS has acquired Roebuck Asset Management’s data centre in Hayes, West London.

The company is understood to have paid £28 million for the site located at 151 Clayton Road, according to Property Week.

The 150,000 sq ft UBS Hayes Data Centre has been used by the bank for several years. However, only now UBS acquired its first dedicated data centre in the UK.

Earlier this year, mechanical and electrical service contractor Leonari carried out works on the site for six weeks at a value of £100,000 paid by UBS.

The hub has been described by the company has a "live critical data centre". Leonari provided new chilled and hot water (CHW) distribution including both primary and secondary pipework to two new data halls within the centre.

UBS is Switzerland’s biggest bank and has over £27 billion in private client assets in the UK.

The bank has also this week unveiled plans to build a 32-storey tower in Finsbury Avenue in the City of London where its UK headquarters sit.

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CBR has approached UBS for comment.

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