Digital Realty Buys Fully-Leased Sydney Data Center

Data center developer Digital Realty continues to build its presence in the Asia-Pacific region. The real estate investment trust (REIT) has acquired a fully-leased data center in Sydney, Australia for $11.75 million ($12.3 million US). The 7,500 square meter (81,000 square foot) facility at 23-25 Waterloo Road in Macquarie Park is fully leased to "a leading global IT provider," identified in local press as Fujitsu.

"Macquarie Park is an established hub for high tech companies operating in Sydney," said Kris Kumar, Senior Vice President and Regional Head Asia Pacific for Digital Realty. "The addition of this institutional quality data centre facility to our portfolio expands our footprint in the Sydney market, and adds a new global, blue-chip tenant to our customer base," "Along with our recently completed Turn-Key Flex data centre at Erskine Park, this acquisition is one more step in our Australian expansion plans, demonstrating our commitment to this important Asia Pacific market."

"The acquisition of this property is consistent with our Asia Pacific expansion as well as our strategy of investing in high quality operating facilities in key data centre markets," said Michael Foust, Chief Executive Officer of Digital Realty.  "In addition, we are very pleased to welcome one of the region's leading global IT service providers to our customer base."

Digital Realty has now added three data centers since entering the Australian market last summer. Its first project was a facility in the Erskine Park section of Sydney, where Digital Realty has built out four of its Turn-Key Flex PODs, offering up to 6 megawatts of IT load. In November the company added a data centre in Melbourne,  with National Australia Bank coming on as the anchor tenant.

Sydney is an important data centre hub in the region, housing facilities for Equinix, HP, Amazon, Rackspace and Emerson, in addition to local providers like PIPE Networks, NEXT DC, Pacnet and iseek.