Chanticleer
AustralianSuper’s new $2.2b bet pours fuel on data centres blaze
Shut the gate, the super giant has completed a rare trifecta in Australian deals. And it is in powered property shells, of all things.
It is officially the year of data centre deals – our biggest investor’s biggest cheque of the year just crowned it.
Data centres now account for our biggest M&A deal of the year (AirTrunk, $24 billion), biggest public markets equity raiser (NextDC, $1.8 billion across two deals) and now AustralianSuper’s biggest new investment (US-based DataBank, $2.2 billion for a 20 per cent stake).
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Financial services
Fetching latest articles