HSF Kramer advises EdgeConneX on its 50/50 partnership with property group Stockland

Herbert Smith Freehills Kramer (HSF Kramer) has advised data centre provider EdgeConneX on its 50/50 partnership with property group Stockland to develop, own, and operate an Australian portfolio of data centres.

The partnership will leverage Stockland's portfolio of assets across Australia to develop hyperscale data centres, by combining EdgeConneX's global experience in providing data centre solutions to cloud and AI providers with Stockland's land, development, and project management expertise.

Founded in the United States in 2009 and acquired by EQT Infrastructure in 2020, EdgeConneX has a portfolio of more than 80 data centres across over 20 countries. The partnership with Stockland marks its expansion into Australia.

The HSF Kramer team was led by partner Niresha Mudalige, with support from executive counsels Katrina Swift and Ying Yi Soh, and solicitors Thomas Polhill and Samantha Hodgson. 

Niresha said, "We are proud to have worked with the EdgeConneX team on this partnership, which marks their entry into a new market. The partnership highlights the benefits of experienced hyperscale operators and real estate owners harnessing their individual strengths to jointly develop and operate data centres to further enhance Australia’s digital infrastructure.”

This is the latest example of HSF Kramer's work advising on matters spanning the full data centre lifecycle:

• NEXTDC on all major strategic investments and acquisitions across Australia and Asia, including its first Japanese facility in Tokyo
• Lendlease Data Centre Partners on the development of a hyperscale data centre campus in Tokyo operated by Princeton Digital Group
• HMC Capital on the A$2.75 billion IPO of DigiCo Infrastructure REIT
• AustralianSuper on its $2.5 billion deal with DigitalBridge Group to acquire a significant minority stake in Vantage Data centres EMEA
• DigitalBridge on its investment into Edge Data Centres Pty Ltd