A massive AU$1.8 billion (US$1.15bn) Julius Avenue Data Centre project is underway, with Australian real estate firm ISPT filing a State Significant Development application with the New South Wales Government.
ISPT is a wholly owned subsidiary of IFM Investors.Established in 1994 by leading Australian industry superannuation funds, ISPT has developed into a $20 billion property portfolio across Australia. The company's operations ultimately benefit working Australians who invest through their superannuation funds for retirement savings.
ISPT focuses on delivering value for its investors' members across a portfolio that includes office, retail, industrial, education, health, and residential properties. The company also aims to lead the property industry in creating a more sustainable future. ISPT became the first Australian property company to achieve Carbon Neutrality across its portfolio in 2020. The company is working toward becoming Carbon Positive by 2025, with an ongoing focus on sustainable outcomes.
A massive AU$1.8 billion (US$1.15bn) Julius Avenue Data Centre project is underway, with Australian real estate firm ISPT filing a State Significant Development application with the New South Wales Government.