Australian Property Markets News Better Informed. Better Decisions
NEXTDC Limited has provided APDC Group with an arm’s length, unsecured $29 million short term bridging loan facility to be used to repay the principal outstanding...
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APDC Agrees to Sell Assets for $280M
The Board of Asia Pacific Data Centre Limited (APDC), APDC Limited has agreed terms and exchanged non binding letters with the preferred purchaser for the sale of...
Read More »APDC Board Fights off Wind Up Proposals
The Board of Asia Pacific Data Centre Limited (APDC), now controlled by 360 Capital's directors announced on 17 January 2017 that it had closed the EOI campaign...
Read More »APDC Offers Portfolio to NextDC under Pre-emptive
The Board of Asia Pacific Data Centre Limited (APDC), announced on 21 December 2017 that it had appointed real estate agents to commence a marketing campaign for...
Read More »APDC Rebuffs NextDC and Appoints Agents to Sale of Portfolio
Wind-up Proposal NEXTDC announced on 14 December 2017 that it intends to convene a meeting to wind up APDC Trust (Wind-up Proposal). NEXTDC states that the rationale...
Read More »NextDC launches attack
After the defeat in the battle for control of the Australia Pacific Data Centres, NextDC who are the sole tenant, and the counter bidder with 29% of the units in...
Read More »Asia Pacific Data Centres
360 Capital Group's Tony Ptt and David van Aanholt have now taken positions on the Board of Australia Pacific Data Centres following their take over of the majority...
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