You are here

Wing Tai subsidiary buys Australia data centre for A$51m

REGIONAL property and lifestyle group Wing Tai Holdings said on Monday that a trustee of its wholly-owned subsidiary WT DC Trust II has agreed to buy a freehold data centre in Australia for A$51 million (S$48.2 million).

Evergreen Nominees (Victoria) is the seller of the data centre, which is located within Tally Ho Business Park in Victoria.

The property sits on 4 Wesley Court, Burwood East and is wholly leased to a major IT services company listed on the New York Stock Exchange, said Wing Tai.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes