Daniel Kemp
The Brisbane-based fund manager has made an offer that values Superloop at approx. A$493m as it continues to make investments through its Global Infrastructure Fund.
The funds will maintain their individual brand identities but pool administration and investment resources under the deal.
Digital infrastructure is already mainstream and keeps growing in importance.
With Australia’s asset-recycling programme over, dealflow is now a solidly mid-market affair. But our roundtable participants tell us they do not see a slowdown soon.
Digital infrastructure is already mainstream and keeps growing in importance
With Australia’s asset-recycling programme over, dealflow is now a solidly mid-market affair. But our roundtable participants tell us they do not see a slowdown soon.
The Sydney-based fund manager does its second deal in recent months with Japanese lenders to refinance one of its wind farms.
Asset manager estimates the subsector could require as much as $4.5trn in financing over the next 10 years as bank lenders exit the market.
The fund will invest $70m immediately in the company’s existing portfolio of six metropolitan data centres, with a further $45m available for future co-investments.
Pulse consortium fought off competition from QIC and Plenary Group to land the tunnels, stations and development package, which is likely to be worth around A$2.7 billion.