Macquarie Technology Unit Exercises Option to Acquire Sydney Land Parcel for AU$240 Million

MT Newswires Live

Jul 16

Macquarie Technology Group (ASX:MAQ) said a wholly-owned subsidiary in its data centers business exercised an option to purchase a 34,200-square-meter light industrial zoned development site in Sydney, New South Wales for a purchase price of AU$240 million, according to a same-day Australian bourse filing.

The company plans to build an engineering and technology campus co-located within an around 200 megawatts data center campus in Macquarie Park, per the filing. The proposed facility will be designed to incorporate advanced air cooling technology with limited water usage. The initial construction is estimated to be completed in late 2029, subject to planning and other approvals.

Completion of the deal is subject to standard settlement procedures and is expected to occur over the next few weeks.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.itiger.com/news/2651494349"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2651494349\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2651494349?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-16 07:45","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2651494349","market":"nz","top_or_hot":-1,"title":"Macquarie Technology Unit Exercises Option to Acquire Sydney Land Parcel for AU$240 Million","media":"MT Newswires Live","content":"<html><body><p> <a href=\"https://laohu8.com/S/MAQ.AU\">Macquarie Technology</a> Group (ASX:MAQ) said a wholly-owned subsidiary in its data centers business exercised an option to purchase a 34,200-square-meter light industrial zoned development site in Sydney, New South Wales for a purchase price of AU$240 million, according to a same-day Australian bourse filing.</p><p>The company plans to build an engineering and technology campus co-located within an around 200 megawatts data center campus in <a href=\"https://laohu8.com/S/MQG.AU\">Macquarie</a> Park, per the filing. The proposed facility will be designed to incorporate advanced air cooling technology with limited water usage. The initial construction is estimated to be completed in late 2029, subject to planning and other approvals.</p><p>Completion of the deal is subject to standard settlement procedures and is expected to occur over the next few weeks.</p></body></html>","source":"mtnewswires_news","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 Unit Exercises Option to Acquire Sydney Land Parcel for AU$240 Million</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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 Unit Exercises Option to Acquire Sydney Land Parcel for AU$240 Million\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-07-16 07:45</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> <a href=\"https://laohu8.com/S/MAQ.AU\">Macquarie Technology</a> Group (ASX:MAQ) said a wholly-owned subsidiary in its data centers business exercised an option to purchase a 34,200-square-meter light industrial zoned development site in Sydney, New South Wales for a purchase price of AU$240 million, according to a same-day Australian bourse filing.</p><p>The company plans to build an engineering and technology campus co-located within an around 200 megawatts data center campus in <a href=\"https://laohu8.com/S/MQG.AU\">Macquarie</a> Park, per the filing. The proposed facility will be designed to incorporate advanced air cooling technology with limited water usage. The initial construction is estimated to be completed in late 2029, subject to planning and other approvals.</p><p>Completion of the deal is subject to standard settlement procedures and is expected to occur over the next few weeks.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MQG.AU","symbol_name":"Macquarie","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2651494349","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2651494349","pubTimestamp":1784159130,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Macquarie Technology Group (ASX:MAQ) said a wholly-owned subsidiary in its data centers business exercised an option to purchase a 34,200-square-meter light industrial zoned development site in Sydney","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"MQG.AU":"Macquarie","BK7511":"ESG概念","BK7042":"综合电信业务","MAQ.AU":"MACQUARIE TECHNOLOGY GROUP L","BK7043":"互联网服务与基础架构","BK7046":"综合性资本市场"},"translate_title":"麦格理科技部门行使以 2.4 亿澳元收购悉尼地块的选择权","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MQG.AU":1.5,"MAQ.AU":1},"content_text":"Macquarie Technology Group (ASX:MAQ) said a wholly-owned subsidiary in its data centers business exercised an option to purchase a 34,200-square-meter light industrial zoned development site in Sydney, New South Wales for a purchase price of AU$240 million, according to a same-day Australian bourse filing.The company plans to build an engineering and technology campus co-located within an around 200 megawatts data center campus in Macquarie Park, per the filing. The proposed facility will be designed to incorporate advanced air cooling technology with limited water usage. The initial construction is estimated to be completed in late 2029, subject to planning and other approvals.Completion of the deal is subject to standard settlement procedures and is expected to occur over the next few weeks.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}