HSF Kramer Advised EdgeConneX on its 50/50 Partnership with Property Group Stockland

HSF Kramer Advised EdgeConneX on its 50/50 Partnership with Property Group Stockland

Herbert Smith Freehills Kramer (HSF Kramer) has advised data centre provider EdgeConneX on its 50/50 partnership with property group Stockland to develop, own, and operate an Australian portfolio of data centres.

The partnership will leverage Stockland's portfolio of assets across Australia to develop hyperscale data centres, by combining EdgeConneX's global experience in providing data centre solutions to cloud and AI providers with Stockland's land, development, and project management expertise.

Founded in the United States in 2009 and acquired by EQT Infrastructure in 2020, EdgeConneX has a portfolio of more than 80 data centres across over 20 countries. The partnership with Stockland marks its expansion into Australia.

Niresha said, "We are proud to have worked with the EdgeConneX team on this partnership, which marks their entry into a new market. The partnership highlights the benefits of experienced hyperscale operators and real estate owners harnessing their individual strengths to jointly develop and operate data centres to further enhance Australia’s digital infrastructure.”

The HSF Kramer team was led by Niresha Mudalige (Partner), with support from Katrina Swift (Executive Counsel) and Ying Yi Soh (Executive Counsel), and Thomas Polhill (Solicitor) and Samantha Hodgson (Solicitor).

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