Lendlease to co-invest US$1b in Asian data centres

Submitted By:  Danielle Isaac Case Study:  No It linked up with an institutional investor to invest in data centres in Australia, China, Japan, Malaysia, and Singapore. Construction and real estate firm Lendlease entered a partnership with an institutional investor to invest a total of US$1b in data centre assets and new developments in Australia, China, Japan, Malaysia, and Singapore, an announcement revealed. The partnership will be funded 20% by Lendlease and 80% by the undisclosed institutional investor. The initial equity commitment by the parties is US$500m. read more