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Telstra enters deal to sell Clayton data centre to Centuria Industrial REIT

Friday 14 August 2020 | 15:06 CET | News
Telstra entered an agreement to sell its data centre complex in Clayton, Victoria, to Centuria Industrial REIT for AUD 416.7 million. The sale includes a triple-net lease-back arrangement which means Telstra will retain ownership of all IT and telecommunications equipment, as well as ongoing operations and responsibility for building upgrades and repairs, future capex requirements and security. The sale has no impact for Telstra customers. The lease is for an initial period of 30 years with two 10-year options for Telstra to extend the lease. Telstra CEO Andrew Penn said the sale was another

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Categories: Fixed
Companies: Telstra
Countries: Australia
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