Brief: Macquarie Technology To Acquire Existing IntelliCentre 2, IntelliCentre 3 East Land, Buildings

Macquarie Technology

16/04/2024 02:23

April 16 (Reuters) - Macquarie Technology Group Ltd
 MAQ.AX :
    * ENTERED BINDING AGREEMENT TO ACQUIRE EXISTING
INTELLICENTRE 2
AND INTELLICENTRE 3 EAST LAND AND BUILDINGS
    * DEAL FOR A$174 MILLION
    * TO ACQUIRE FOR A$174 MILLION FROM KEPPEL DC REIT
    * SETTLEMENT OF PURCHASE, THROUGH WHOLLY OWNED UNIT OF
MACQUARIE
DATA CENTRES EXPECTED TO OCCUR WITHIN 2H FY24
    * PURCHASE PRICE TO BE PARTIALLY FUNDED FROM $A90 MILLION
LOAN
NOTE THAT WILL BE ISSUED TO KEPPEL DC REIT

Further company coverage:  MAQ.AX 

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