Goodman Group has begun building its first US data centre, the first cab off the rank in a $10 billion global roll-out that will double its holdings in the sector and transform a company best known for its warehouse and logistics portfolio.
Fuelling that rapid expansion in data centre development is the $4 billion raising – the first in 12 years – it concluded last month.
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Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com