
The measure of how well a precinct is performing is often drawn from the number of construction cranes that loom over the horizon. In the case of the Waterfall precinct, it is eight. There are more cranes in the 2 200 hectare Waterfall node than there are in Sandton, Gauteng’s financial hub.
Two of these cranes are constructing the 11 785m2 first phase of US-based Vantage Data Centers’ new data centre.
The Waterfall precinct has an established track record of attracting international businesses, among these BMW, Massbuild, Cummins and Cotton On. Vantage Data Centers, a global provider of hyperscale data centre campuses, is the latest international player attracted to the node.
It is another win for JSE-listed real estate investment trust (Reit) Attacq, developer of the Waterfall precinct (which includes Waterfall City and Waterfall Logistics Hub), who are partnering with Vantage to develop a campus that is tailored to meet the requirements of Vantage’s global campus blueprint and their expansion into Africa’s largest data centre market, Johannesburg.
This story is from the 5 November 2021 edition of Finweek English.
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This story is from the 5 November 2021 edition of Finweek English.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 8,000+ magazines and newspapers.
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