NextDC expands into Sydney

NextDC expands into Sydney

Datacentre provider has acquired a site in Sydney, but the details of the exact location haven’t been revealed at this stage. The new facility is expected to measure 3000sqm to 5000sqm

Datacentre provider, NextDC, has set its sights on Sydney, acquiring a new datacentre site.

Details of the exact location haven’t been revealed at this stage, but the new facility is expected to measure 3000sqm to 5000sqm of high density technical space, ancillary office and plant space.

The company entered into a non-binding heads of agreement to acquire the new site and a formal contract is expected to be put in place this week.

Subject to a due diligence process, the NextDC board anticipates the acquisition will be completed at the end of the April.

NextDC indicated the location of the datacentre was ideally situated adjacent to a major infrastructure in a precinct that is recognised as a major technology hub.

In a statement to the ASX, NextDC CEO, Bevan Slattery, said it investigated a series of options across Sydney.

“After a comprehensive evaluation of alternatives in Sydney, we are very pleased to have found this highly strategic location for our future Sydney datacentre,” Slattery said.

“We’re now working closely with vendors, expert consultants and urban utilities to complete due diligence requirements as efficiently and effective as possible.”

The combination of proposed datacentre sites across Sydney, Melbourne and Brisbane, equates to 11,000sqm of high density technical space in the company’s datacentre portfolio.

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Tags expansionNextDCNextDC CEO Bevan Slattery

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