LANDMARK DIVIDEND
Christof
Hammerli : Landmark Dividend
their data center actually knows what they ' re talking about and understands why this asset is mission-critical , and why it needs to be up and operational at all times . It makes a big difference and makes us a better buyer .”
Agility & Expertise Landmark has the expertise and agility to handle transactions from a million to hundreds of millions of dollars ( a recent 18-month period saw the acquisition of 16 data centers ) and has a broad appetite across the spectrum from a risk perspective .
“ We acquire stabilized , core-type assets where there ' s a single tenant in place with a 10 to 15-year lease and very few moving parts ,” offers Hammerli . “ We also work with assets subject to very short leases , with tenants moving out or partial leasebacks in place , where we have a portion of a building that needs to be leased . In some cases , we take over operations with our partner , or provide a comprehensive service level agreement and actually take over ownership , to make sure that the equipment and infrastructure will deliver on expectations and provide the guaranteed uptime for the tenants to execute their businesses .”
Hammerli believes Landmark ’ s flexibility makes the company a true partner . During the three years since he arrived at Landmark and put the Digital Infrastructure team together , more than 30 transactions have been closed with brokers , bankers , engineers , large operators and enterprises . “ They know who we are , that we know the space and that we do what we say we ’ re going to do . When we agree to terms , they come back the exact same way from our attorneys and we don ' t take somebody to the closing table and re-trade at the last minute . That sets us apart from the competition much more so than us paying the highest price or having the cheapest capital .”
Landmark Dividend is a partner for the longterm with many long-standing
128 March 2021