The Asia Pacific Data Centre property trust has taken its sole tenant, NextDC, to court, frustrated by an alleged failure to gain access to the hi-tech facilities for prospective buyers.
The legal bid, to be heard in the NSW Supreme Court, is the latest instalment in the long-running and now very bitter battle over the three-asset portfolio.
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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