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Di Pilla puts unloved data centres back in the hottest game in town

Everyone involved is too polite to say it, but getting rid of Global Switch’s Chinese owners is what makes these Sydney data centres attractive.

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David Di Pilla’s $2 billion data centres acquisition is about one thing: China.

Di Pilla’s HMC Capital is betting that by transferring the two data centres’ ownership from Chinese interests to Australia, it will instantly put two unloved and underutilised data centres back in the hottest game in town.

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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com

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    Original URL: https://www.afr.com/chanticleer/from-china-with-love-inside-di-pilla-s-2b-data-centre-deal-20241008-p5kgkm