Goodman in Advanced Leasing Talks for 3 Data Centers

Dow Jones
Aug 21
 

2319 GMT - Goodman this week said it has signed up a customer for its Tokyo data center. Next up for the Australian property company: leasing at the LAX01, HK10, AMS01 sites. "Among the most likely near-term signings, LAX01 is progressing strongly, with heads of terms under negotiation for the 50MW facility," Jefferies says of the Los Angeles facility. "Indications are this will likely be a single-customer deal, though a 3-4 customer split alternative remains an option." At HK10 in Hong Kong, Goodman is in advanced negotiations with multiple hyperscale customers, each seeking the full 50MW. In Amsterdam, advanced talks and technical review are also underway with multiple customers for the entire facility, Jefferies adds. It has a "buy" call on Goodman, which ended Thursday at A$28.78.

 

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