This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Find out more here

Tracking global change in IT Infrastructure

Datacloud Nordic 2016

News Archive

ASX shares new data centre with Singaporean firm

The Australian Securities Exchange will share the three-story building set aside for its co-location offerings with another company, after scaling back its lease arrangements last year. The exchange initially planned to lease a three-storey building at the Gore Hill Business Park on Sydney’s north shore at a cost of A$62.5 million over 12 years.

It spent A$32 million fitting out the 1000 sq m colocation facility, called the Australian Liquidity Centre. But in December, the ASX revised its lease arrangements, reducing its rental costs by almost half to $33.9 million by occupying only “level one of the data centre”, it stated. Chief information officer Jeff Olsson said that a Singaporean company had taken over the remaining space. “The building was purchased by a Singaporean company, which is building it out as a data centre, as we didn’t require the additional space,” he said.

Source: IT News

Datacloud Nordic 2016

Get the latest Datacentre industry news

Subscribe now to receive your daily news email with insights, worldwide headlines & much more, and it's FREE.

Sign-up today and receive a free detailed overview of the acclaimed "Western Europe Data Centre Market" Report plus unique 25% discount off the full price.