Business
Telstra sells Clayton data centre complex for $416m – iTnews
Agrees to initial 30-year lease for the site.
Telstra has agreed to sell its Clayton data centre complex in Victoria to the Centuria Industrial real estate investment trust (REIT) for $416.7 million.
The sale includes a “triple-net lease-back arrangement”, which means Telstra retains ownership of all IT and telecommunications equipment, as well as ongoing operations and responsibility for building upgrades and repairs, future capex requirements and security, it said in a financial filing.
The complex was put up for sale in May this year a…
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