Australia's Macquarie DC acquires 34,200 sqm site in Sydney for 200MW data center campus
Type: Acquisition · Technology: Data Center · Country: Australia · Capacity: 200 MW · Value: $167.95M · Announced: 2026-07-16
Macquarie Technology Group subsidiary Macquarie Data Centres has exercised its option to acquire a 34,200 sqm (368,125 sq ft) plot of light industrial zoned land in Sydney, Australia, for AU$240 million (US$167.95 million). The site, located between Talavera Road and the M2 motorway in Macquarie Park, is intended for the development of a 200MW data center campus. Initial construction is estimated to be completed in late 2029, with the first phase due live by that time. The acquisition will be funded through existing cash reserves and the group's corporate debt facility, and the development will include a one-acre community park and outdoor art gallery.
Analysis
Macquarie Data Centres, a subsidiary of Macquarie Technology Group, has acquired a 34,200 sqm site in Sydney, Australia, for AU$240 million (US$167.95 million) to develop a 200MW data center campus. Macquarie Technology Group (ASX:MAQ) is an ASX300-listed Australian digital infrastructure and IT services provider, operating eight data centers with over 50MW IT load capacity across Sydney and Canberra. The acquisition will be funded through existing cash reserves and the group's corporate debt facility. Initial construction is estimated to be completed in late 2029, with the first phase due live by that time.
Key points
- Acquisition of 34,200 sqm site in Sydney, Australia
- AU$240 million (US$167.95 million) acquisition value
- Intended for 200MW data center campus development
- Initial construction estimated completion in late 2029
- Funded through existing cash reserves and corporate debt facility
Counterparties
- Macquarie Data Centres (Buyer)
- Macquarie Technology Group (Parent Company)