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NEXTDC acquires properties for new data centres

NEXTDC acquires properties for new data centres

Data centre operator NEXTDC has acquired properties in Melbourne and Brisbane for new site developments, thanks to a $15 million injection from founder and director Bevan Slattery.

The properties are located close to their respective CBDs and to power and telecom services, Slattery said.

NEXTDC has purchased 14,300 square meters of vacant land at Port Melbourne, and a solid concrete building in the Brisbance CBD with a lettable area of 2,300 square meters.

The Brisbane facility should be fully operational by December, and the Melbourne data centre should be open in just over twelve moths, Slattery said.

He added that more investments are on the way. “In line with our business strategy, NEXTDC will undertake significant investment in the Australian and New Zealand data centre markets, “ he said, adding it was closing in on the acquisition of another Brisbane property.

Slattery is the co-founder of PIPE Networks, and served as its CEO and director until April, after its acquisition by TPG Telecom for $373 million.

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