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Digital Realty Trust to invest in $350 million data centre in Sydney

By: (more) | Business, Financial & Legal News | Posted: Nov 30, 2010 3:59 am

Digital Realty Trust are a data centre reseller and hosting provider to Facebook, the company is setting a flag in Sydney for 2011 where it plans to spend $350 million on a data centre.

 

 

Digital Realty has partnered with Macquarie Capital to bid for the NSW government's data centre consolidation project. Kris Kumar who is the Asia-Pacific chief has said that it [Digital Realty Trust] have ambitious plans for regional growth, saying "I'd like to see 10 per cent of global revenue coming from Asia-Pacific in the next few years."

 

They have established their Asia-Pacific HQ in Singapore at a cost of around $170 million for 37, 000sq m of data centre space. Kumar added "Across Asia-Pacific we would like to see $1 billion deployed" in the next few years, he said. "Between $250m and $350m of that, at a minimum, will be for Australia . . . if not more."

 

The data centre should be live by second quarter of 2011.

 


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