⁍ Telstra Corp said it will sell its Clayton data centre facility in Melbourne to property firm Centuria Industrial REIT.
⁍ The facility, to be sold by the end of August, has 10 buildings including Telstra’s latest 6.1 megawatt data centre.
⁍ Telstra said it had now sold more than A$1.5 billion worth of assets as part of a strategy announced in 2018 to strengthen its balance sheet.
– Australia’s largest telecom company is selling a data center for nearly $29 million as part of a strategy to strengthen its balance sheet, Reuters reports. According to the Sydney Morning Herald, Telstra is selling its Clayton data center in Melbourne as part of a plan to sell $1.5 billion worth of assets in 2018. The company will retain ownership of the data center and be responsible for repairs and upgrades as part of a lease-back arrangement with property firm Centuria.
Source: https://www.reuters.com/article/us-telstra-corp-divestiture-centuria/australias-telstra-to-sell-melbourne-data-centre-for-about-300-million-idUSKCN25100S