Stockland and EdgeConneX form 50-50 partnership to develop and operate data centers in Australia
Stockland and EdgeConneX have finalized documentation to establish a 50-50 partnership to develop, own, and operate a portfolio of hyperscale data centers across Australia, leveraging Stockland's land and development expertise and EdgeConneX's global data center solutions experience.
Counterparts (2)
Deal Analysis
- 50-50 partnership between Stockland and EdgeConneX.
- Focus on developing and operating hyperscale data centers in Australia.
- Leverages Stockland's land and development expertise and EdgeConneX's global data center solutions experience.
- Addresses increasing demand for digital infrastructure in the Australian market.
Source Intelligence
The partnership is a 50-50 venture. Quote: "Stockland EdgeConneX 50-50 partnership". The partnership aims to develop, own and operate a portfolio of hyperscale data centers. Quote: "develop, own and operate an Australian portfolio of data centers", "development of hyperscale data centers". The partnership will combine Stockland’s land, development and project management expertise with EdgeConneX’s global experience in providing data center solutions to cloud and artificial intelligence (AI) providers. Quote: "The partnership will combine Stockland’s land, development and project management expertise with EdgeConneX’s global experience in providing data center solutions to cloud and artificial intelligence (AI) providers."
"Stockland has announced that documentation has been finalized to establish the Stockland EdgeConneX 50-50 partnership to develop, own and operate an Australian portfolio of data centers."
"Stockland has announced that documentation has been finalized to establish the Stockland EdgeConneX 50-50 partnership to develop, own and operate an Australian portfolio of data centers."
Global Infrastructure Sherpa