Opinion
Data centres are hot property - and not just for the returns
Macquarie Technology CEO David Tudehope says data centres are not just good investments. They will allow Australia to participate in the entire AI value chain.
Jennifer HewettColumnistI am standing in the cloud. At least I am standing peering at its blinking lights through a steel mesh door in a glass and steel grill corridor, one of several similar rows in a secure building in Sydney’s north-west.
Welcome to the new, if largely hidden, commercial real estate boom – globally and in Australia. The heady expansion of big data centres is only accelerating, supercharged by the growth of AI. This low-level building and an adjacent one are owned and operated by Macquarie Technology Group.
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