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BlackRock Real Estate, Kauri CAB Digital Infrastructure form JV to develop hyperscale data center near Frankfurt, Germany
Transactions - APRIL 22, 2026

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BlackRock Real Estate, Kauri CAB Digital Infrastructure form JV to develop hyperscale data center near Frankfurt, Germany

by Released

BlackRock Real Estate, through funds and accounts managed for its clients, and Kauri CAB Digital Infrastructure GmbH, a Frankfurt-headquartered data center developer platform, today announced the acquisition of a strategically located land plot in Karben Rendel in the greater Frankfurt region.

In close collaboration with the City of Karben, the new joint venture successfully aligned and adjusted the applicable zoning framework to accommodate the intended data center use. A building permit application was formally submitted in December 2025, marking a significant milestone in the project’s advancement and reflecting the constructive partnership established with local municipal authorities. The start of construction is targeted for the third quarter of 2026. A grid connection agreement secures 50 MVA of dedicated capacity, with full power delivery committed for the second quarter of 2027. The proximity of the site to the TenneT transmission substation in Karben Rendel provide

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