Next Capital agreed on 20 July to acquire Fujitsu's Australian data centre business, comprising five operating facilities across four states.
Why Next Capital (Next Capital Fund V) is buying Fujitsu Australia data centre business
Fujitsu said the sale lets it focus investment on higher-demand technology services; Next plans to run the sites as an independent, Australian-managed platform, debt-free at completion, and assess each for expansion.
Deal terms and financing
Terms were not disclosed. The portfolio has about 25MW of capacity, about 7MW of it leased to around 130 clients, according to the Australian Financial Review.
Regulatory approvals and timing
Completion is expected later in 2026, subject to customary conditions and approvals.
Market context
Next Capital previously owned Brisbane data centre operator iseek, which it sold in 2021.
