PGIM Real Estate signs $575m Australia data centre JV with Equinix

PGIM Real Estate signs $575m Australia data centre JV with Equinix

Equinix SY9x xScale Data Center Rendering.

New York-based PGIM Real Estate has partnered with Nasdaq-listed data centre firm Equinix Inc to establish a $575-million joint venture that will develop and operate hyperscale data centres in Australia.