As revealed by the Financial Review last month, the San Francisco-based operator purchased a big Horsley Park website from CSR for $84.3 million. Along with an Erskine Park website that Digital Realty has additionally acquired, the 2 websites will cowl a complete of 16.2 hectares.
Lower than one kilometre aside, the 2 websites will likely be bodily linked, permitting them to function as one knowledge centre campus. Building is predicted to be full by the top of 2022.
Digital Realty’s formidable growth comes amid a relative increase interval for the information centre trade as demand for knowledge storage rises, accelerated partly by the pandemic.
“The pandemic has completely modified behaviour. It has accelerated digitisation,” Mr Smith mentioned.
“The pandemic has actually grow to be a catalyst. Our lives have grow to be much more digital than they had been earlier than. I see that persevering with.”
The Asia-Pacific area is forecast to grow to be the most important knowledge centre market globally inside a yr or two. Compound annual progress charges within the Asia area have handed 12 per cent.
Main international gamers together with Nasdaq-listed Equinix are additionally on the expansion path in the Australian market. One other huge native participant is Macquarie-controlled AirTrunk, which is quickly increasing within the area.
Final week, Macquarie Data Centres, a part of the ASX-listed Macquarie Telecom Group, struck a buyer contract to supply about 10 megawatts of capability from one in every of its amenities, Macquarie Park Knowledge Centre Campus. Because of this, Macquarie’s whole funding will rise by $40 million to $50 million this monetary yr, to whole $180 million to $200 million.