Macquarie Technology Shaping for Decade of Sydney DC Growth -- Market Talk

Dow Jones

2025/07/14

0026 GMT - Macquarie Technology's bull at RBC reckons that its proposed Sydney land acquisition should be the precursor to a decade of data-center growth in Australia's largest city. Analyst Garry Sherriff tells clients in a note that the data-center campus that Macquarie Technology hopes to build is three times the size of its current development elsewhere in the city. He thinks that Sydney's suburban north shore is the most likely location for the campus. Investors should welcome the announcement, he adds. RBC has a last-published outperform rating and A$95.00 target price on the stock, which is up 5.5% at A$65.30. (stuart.condie@wsj.com)

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July 13, 2025 20:26 ET (00:26 GMT)

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Analyst Garry Sherriff tells clients in a note that the data-center campus that <a href=\"https://laohu8.com/S/MQG.AU\">Macquarie</a> Technology hopes to build is three times the size of its current development elsewhere in the city. He thinks that Sydney's suburban north shore is the most likely location for the campus. <a href=\"https://laohu8.com/S/ISBC\">Investors</a> should welcome the announcement, he adds. RBC has a last-published outperform rating and A$95.00 target price on the stock, which is up 5.5% at A$65.30. (stuart.condie@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 13, 2025 20:26 ET (00:26 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Macquarie Technology Shaping for Decade of Sydney DC Growth -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMacquarie Technology Shaping for Decade of Sydney DC Growth -- Market Talk\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time smaller\">2025-07-14 08:26</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0026 GMT - <a href=\"https://laohu8.com/S/MAQ.AU\">Macquarie Technology</a>'s bull at RBC reckons that its proposed Sydney land acquisition should be the precursor to a decade of data-center growth in Australia's largest city. Analyst Garry Sherriff tells clients in a note that the data-center campus that <a href=\"https://laohu8.com/S/MQG.AU\">Macquarie</a> Technology hopes to build is three times the size of its current development elsewhere in the city. He thinks that Sydney's suburban north shore is the most likely location for the campus. <a href=\"https://laohu8.com/S/ISBC\">Investors</a> should welcome the announcement, he adds. RBC has a last-published outperform rating and A$95.00 target price on the stock, which is up 5.5% at A$65.30. (stuart.condie@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 13, 2025 20:26 ET (00:26 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MAQ.AU","symbol_name":"MACQUARIE TECHNOLOGY GROUP L","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2551294589","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2551294589","pubTimestamp":1752452760,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0026 GMT - Macquarie Technology's bull at RBC reckons that its proposed Sydney land acquisition should be the precursor to a decade of data-center growth in Australia's largest city. Analyst Garry Sherriff tells clients in a note that the data-center campus that Macquarie Technology hopes to build is three times the size of its current development elsewhere in the city. He thinks that Sydney's suburban north shore is the most likely location for the campus. Investors should welcome the announcement, he adds. RBC has a last-published outperform rating and A$95.00 target price on the stock, which is up 5.5% at A$65.30. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"MAQ.AU":"MACQUARIE TECHNOLOGY GROUP L","BK7043":"互联网服务与基础架构","BK4017":"黄金","DC":"Dakota Gold Corp","BK7042":"综合电信业务"},"translate_title":"麦格理技术塑造悉尼特区十年的增长——市场谈话","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MAQ.AU":0.9,"DC":1},"content_text":"0026 GMT - Macquarie Technology's bull at RBC reckons that its proposed Sydney land acquisition should be the precursor to a decade of data-center growth in Australia's largest city. Analyst Garry Sherriff tells clients in a note that the data-center campus that Macquarie Technology hopes to build is three times the size of its current development elsewhere in the city. He thinks that Sydney's suburban north shore is the most likely location for the campus. Investors should welcome the announcement, he adds. RBC has a last-published outperform rating and A$95.00 target price on the stock, which is up 5.5% at A$65.30. (stuart.condie@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 13, 2025 20:26 ET (00:26 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}