Lendlease in data centre partnership


The Australian firm said in a statement the partnership would begin with a US$1bil investment, to be funded 20% by Lendlease and 80% by a large institutional investor.

SINGAPORE: One of the largest land owner in Tun Razak Exchange, Lendlease is venturing into the data and telecommunications sector with a large institutional investor to invest in data centres across Asia-Pacific.

The Australian firm said in a statement the partnership would begin with a US$1bil investment, to be funded 20% by Lendlease and 80% by a large institutional investor.

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