On Sunday, Lendlease said that it will fund 20 percent of the partnership, while the remaining 80 percent will be funded by a large institutional investor.
SINGAPORE (July 1): Sydney-based leading international property and infrastructure group, Lendlease has announced a partnership to invest in data centres across the Asia Pacific region.
The initial equity commitment by the parties is US$500 million ($676 million), combined with leverage will enable the partnership to invest US$1 billion ($1.4 billion) in the sector.
