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Goodman and Digital Realty Buy 9.9% of NEXTDC Through Joint Vehicle

Goodman Group and Digital Realty have teamed up to buy a 9.9% NEXTDC stake at an average of $9.22 a share, and say they have no present plan to bid for control.
By Josua Ferreira -
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  • Goodman Group and Digital Realty, through a jointly owned vehicle, have bought a 9.9% stake in NEXTDC at an average of $9.22 a share.
  • The two investors own the vehicle 50:50 and announced the purchase on 9 November 2026.
  • Neither investor plans a takeover for now, but both keep the right to make an offer if things change.
  • They say they want to work with the NEXTDC board and management on the challenges facing the company, without naming them.
  • Digital Realty runs more than 300 data centres across over 30 countries, and Goodman is the largest property group on the ASX.
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Digital Realty and Goodman take 9.9% NEXTDC stake

Goodman Group (ASX: GMG) and Digital Realty (NYSE: DLR) have, through a 50:50 jointly owned special purpose vehicle, acquired a 9.9% interest in NEXTDC (ASX: NXT) at an average price of $9.22 per NXT share. The joint announcement is dated 9 November 2026.

The key facts from the announcement:

  • Buyers: Digital Realty and Goodman Group
  • Structure: 50:50 jointly owned special purpose vehicle
  • Stake: 9.9% of NEXTDC

NEXTDC Stake Acquisition Structure

What the investors say about their intentions

Digital Realty and Goodman have neither formed nor made any agreement on potential further engagement, if any, beyond the acquisition of a stake in NEXTDC.

Neither party has any present intention of submitting a control proposal, or making a takeover offer for NEXTDC, but reserves their right to do so should circumstances change.

Data centre experience and potential collaboration

Digital Realty and Goodman Group are each described in the announcement as highly experienced investors in the data center sector. They look forward to a potential collaboration with the NEXTDC board and management on the ways and forms in which the parties may help to address the challenges facing the company.

Digital Realty’s global data center footprint spans 300+ facilities in 55+ metros across 30+ countries on six continents. Goodman owns, develops and manages logistics properties and data centres, and is the largest property group on the ASX.

Goodman’s data centre build pipeline is dominated by partnership-funded projects, with most work started before customer contracts are signed, a development model that shapes how it would approach any collaboration on NEXTDC’s challenges.

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Frequently Asked Questions

How much of NEXTDC have Goodman Group and Digital Realty bought?

They bought a 9.9% stake in NEXTDC through a jointly owned vehicle, at an average price of $9.22 a share.

What is a special purpose vehicle?

It is a separate company set up for one job. Here, Goodman and Digital Realty own it 50:50 to hold the NEXTDC shares.

Are Goodman and Digital Realty planning to take over NEXTDC?

They say they have no present intention of making a control proposal or takeover offer. They reserve the right to do so if circumstances change.

Who are Digital Realty and Goodman Group?

Digital Realty runs more than 300 data centres across over 30 countries. Goodman owns, develops and manages logistics properties and data centres, and is the largest property group on the ASX.

Josua Ferreira
By Josua Ferreira
Partnership Director
Josua Ferreira holds a Bachelor of Commerce in Marketing and Advertising and brings a background in publication, business development, and ASX market storytelling. He has worked with listed companies across the resource sector and broader market, combining sharp commercial instincts with a genuine commitment to keeping investors informed.
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