1 April 2022

NTT and Macquarie Asset Management to enter into strategic real estate partnership for data centers

London, 1 April 2022 – Macquarie Asset Management and NTT, a leading IT infrastructure and services company, have agreed to enter into a strategic real estate partnership covering NTT’s wholesale facilities across Europe and North America.

NTT is one of the world’s largest data center operators, with over 1,300 MWs of data center capacity today, including a large development pipeline of a 25% increase in capacity across more than 20 countries and regions globally. This strategic real estate partnership will give Macquarie Asset Management the opportunity to invest real estate capital alongside NTT to support its expansion in Europe and North America. At the same time, this partnership provides NTT the opportunity to further accelerate its data center development to take advantage of unprecedented growth in the market as the move to digital continues to grow globally.

Brett Robson, Global Head of Real Estate for Macquarie Asset Management, said: “We see this as a very attractive sector to invest in, given the exponential growth of global data and computing and the significant capital requirements for operators to keep up with user demand. We are delighted to partner with NTT, a leading data center operator, that has a global footprint and an exceptionally strong development and operational history.”

Masaaki Moribayashi, President and Board Director for NTT Ltd., said: “The world is moving further and further towards digital operations, driving demand for data centers. NTT has ambitious plans to build and operate more data centers which our strategic partnership with Macquarie, a globally recognized, long-term and experienced financial investment partner, will allow us to achieve. NTT aims to provide high-quality services to global companies by maximizing investment efficiency and accelerating data center business investments. Macquarie understands our vision to enable the growth and innovation of our clients. Macquarie’s real estate investment capabilities are highly attractive as we consider the ongoing development of our platform in Europe and North America.”

NTT has committed to achieving net zero emissions across its data center operations by 2030 and across its value chain by 2040. As part of this commitment, NTT aims for its global data center portfolio to be 100% powered by renewable energy by 2030, while the operator also continues to focus on enhancing its sustainable design standards and energy efficiency measures.

-ENDS-

About Macquarie Asset Management

Macquarie Asset Management is a global asset manager that aims to deliver positive impact for everyone. Trusted by institutions, pension funds, governments, and individuals to manage more than £403 billion in assets globally, we provide access to specialist investment expertise across a range of capabilities including real estate, fixed income, equities, multi-asset solutions, private credit, infrastructure, renewables, natural assets, and asset finance.

Macquarie Asset Management is part of Macquarie Group, a diversified financial group providing clients with asset management, finance, banking, advisory and risk and capital solutions across debt, equity, and commodities. Founded in 1969, Macquarie Group employs approximately 17,000 people in 33 markets and is listed on the Australian Securities Exchange. All figures as at 31 December 2021 For more information, please visit macquarie.com.

About NTT

NTT believes in resolving social issues through our business operations by applying technology for good. We help clients accelerate growth and innovate for current and new business models. Our services include digital business consulting, technology and managed services for cybersecurity, applications, workplace, cloud, data center and networks, all supported by our deep industry expertise and innovation. As a top 5 global technology and business solutions provider, our diverse teams operate in 80+ countries and regions and deliver services to over 190 of them. We serve over 80% of Fortune Global 100 companies and thousands of other clients and communities around the world. For more information on NTT, visit www.global.ntt.

Media enquiries
Helena Slater
Macquarie Asset Management (London)
PH: +44 7920 410 212 
E: Helena.Slater@macquarie.com

NTT Public Relations Office
NTT Corporation (Tokyo)   
E: ntt-pr@ntt.com