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NextDC completes Perth data centre

Monday 2 December 2013 | 23:10 CET | News
Australian data centre operator NextDC has achieved practical completion of the base building for its Perth (P1) data centre on behalf of owner Asia Pacific Data Centre Group (APDC). This completes the company's current capital recycling programme, which saw it enter into sale and leaseback arrangements with APDC for its M1, S1, and P1 data centres and the listing of APDC on the stock exchange. Achieving practical completion for the P1 facility triggers the obligation for payment by APDC of the P1 Development Fee of AUD 23.8 million to the company. The P1 lease between NextDC and APDC is for

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Categories: Internet
Companies: NextDC
Countries: Australia
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