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NextDC sells APDC stake

Thursday 4 July 2013 | 02:36 CET | News
Australian data centre operator NextDC has sold its 23 percent holding in APDC (Asia Pacific Data Centre Group). The holding was acquired as part-consideration for the acquisition of three data centre properties in December 2012 by the data centre property fund. The AUD 28.1 million (after costs) raised from the sale will be used for the accelerated fit-out of NextDC's M1 and S1 data centres, both of which are leased from APDC.

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Categories: Internet
Companies: NextDC
Countries: Australia
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