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Australian firm Macquarie to acquire South Korea data centre for $722m

The company said 92% of the data centre’s space has already been leased to Kakao Corp., the tech behemoth behind South Korea's ubiquitous mobile messaging platform.

By João Marques Lima

Founder and Editor, The Tech Capital

3 Mins

June 21, 2024 | 4:16 PM BST

Australian firm Macquarie to acquire South Korea data centre for $722m

Macquarie to acquire South Korea data centre

The Tech Capital

Australian multinational Macquarie Group (ASX: MQG), through its Korean infrastructure investment arm, Macquarie Korea Infrastructure Fund (MKIF) (KRX: 088980), is set to acquire its inaugural domestic data centre in South Korea for up to 1 trillion won (approximately US$722.4 million).

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João Marques Lima

Founder and Editor, The Tech Capital

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