Sectors
Data room providers for property and infrastructure
Property and infrastructure deals mean huge volumes of surveys, leases and planning documents, so file organisation matters more than almost anything else.
Vault Index desk / 11 August 2026 / 7 min read
The short answer
Datasite Diligence handles large infrastructure and real estate portfolio sales well given its bulk upload tools and scale. Ansarada is a reasonable alternative for infrastructure and energy-adjacent property deals given its background in complex asset transactions. Drooms has a specific reputation in European real estate transactions and is worth prioritising for cross-border property portfolios. Intralinks VDRPro is used across large infrastructure financings where the buyer's bank already runs Intralinks elsewhere in the process. Firmex suits single-asset or smaller portfolio sales where an enterprise room would be excessive. Onehub is a lighter option for smaller property transactions or ongoing landlord and tenant document sharing rather than a one-off sale. 99 Data Rooms is not yet established in this sector and is best considered only for smaller single-asset deals rather than large portfolio sales with hundreds of leases.
What a property or infrastructure deal actually needs
These deals routinely involve tens of thousands of documents across dozens or hundreds of individual assets, from leases and title documents to environmental surveys and planning consents. Bulk upload with automatic folder structuring by asset, and the ability to bulk apply permissions across an entire asset folder rather than document by document, saves real time compared with a room designed around a single company's document set.
Because infrastructure assets often sit at the centre of a financing as well as a sale, the room frequently needs to stay open and accessible to lenders, valuers and insurers well beyond the point a typical M&A room would close. That makes ongoing subscription cost, not just initial setup, a real factor in the decision.
The document index for a portfolio sale
A typical room organises by asset first, then by document type within each asset: title and lease documents, planning permissions and building consents, environmental and structural surveys, insurance schedules, service contracts, and any existing debt or charge documents against the asset.
A separate, portfolio-level folder usually holds financial models, the information memorandum, and any master agreements that apply across the whole portfolio rather than a single asset, kept distinct from the asset-by-asset folders to avoid confusion during diligence.
Pricing and procurement
Given the scale involved, pricing across the enterprise vendors is on request and usually driven by document volume and the length of time the room stays open, which for infrastructure can run well past a year (Ansarada, 2026; Intralinks, 2026). Ask explicitly how storage overage is charged, since portfolios with hundreds of assets can quickly exceed a standard tier.
For smaller single-asset deals, Firmex and Onehub publish clearer indicative pricing and are worth getting a quote from even if the eventual choice is an enterprise vendor, simply to have a comparison point.
Compliance and evidence
Confirm the vendor can support the long-term data retention and later re-access that lenders and insurers may require years after a deal closes, since infrastructure financings are frequently revisited during refinancing. ISO 27001 certification is standard among the enterprise vendors named here.
For UK planning and environmental documents that may later be subject to a freedom of information request via a public authority, confirm which parts of the room, if any, could be drawn into such a request and structure permissions accordingly.
Where to go from here
See the full comparison at /rankings and the scoring approach at /methodology before choosing a vendor for a portfolio of this scale.
Sources and further reading
- Ansarada, infrastructure deal experience
- SS&C Intralinks, infrastructure financing pages
- Drooms, European real estate transactions
- Firmex, pricing overview
Vendor figures rechecked 1 September 2026
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