The data centre facility will be owned, managed and operated by a joint venture between Securus and Keppel Telecommunications and Transportation Ltd.
The acquisition is the second for which Mallesons has advised Singapore based Securus this year, having advised Securus on all aspects of its joint venture investment in the iseek Data Centre situated in Brisbane Export Park in July. Securus’ investments mark the first Shariah compliant fund structures in the Australian market.
The Mallesons team was led by Partner John Sullivan and Senior Associate Mark Bayliss.
“This transaction continues the strong flow of high profile cross-border investments into the Australian real estate sector by foreign investment managers and sponsors on which Mallesons has advised. We were pleased to be able to support Securus with the expansion of its high quality portfolio, and to lend our market-leading expertise in this area” said Mr Sullivan.
Mallesons has advised a number of leading global and Asia focussed real estate managers and sponsors, including CLSA Capital Partners, LaSalle Investment Management and Pramerica Real Estate Investors, on their recent inbound investments into the Australian real estate sector.
For further information on Mallesons recent experience and market-leading expertise in investing in Australian real estate, please see Real Estate, Real Opportunities - Investing in Australian real estate.
Elle LoweSenior Manager, Corporate AffairsT +61 2
M +61 424 168 080