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Digico Infrastructure REIT has received State Significant Development approval for the expansion of its Syd1 data centre in Ultimo, New South Wales. The clearance was granted by the NSW Department of Planning, Housing and Infrastructure and allows the REIT to proceed with development at a strategically located Sydney site. The project forms part of Digico's broader digital infrastructure portfolio and supports rising demand for data centre capacity driven by cloud services and data growth. The approval provides regulatory certainty and enables the next phase of execution.
Digico Infrastructure REIT has received regulatory clearance to proceed with the expansion of its Syd1 data centre project in Ultimo, New South Wales. The approval allows the trust to move ahead with development plans at a key inner-city Sydney location that supports demand from cloud service providers, enterprises and network operators. Advertisement
The project has been granted State Significant Development approval by the New South Wales Department of Planning, Housing and Infrastructure. This clearance confirms that the proposal meets the state's planning and infrastructure requirements, including land use, environmental assessment and integration with surrounding urban infrastructure.
Syd1 is part of Digico Infrastructure REIT's growing data centre portfolio in Australia, where demand for digital infrastructure has increased due to cloud adoption, artificial intelligence workloads and rising data consumption. The Ultimo site benefits from proximity to Sydney's central business district and existing fibre networks, making it a strategic location for low-latency services.
The approval provides regulatory certainty for the REIT and allows the project to move into the next stage of execution. Data centres have increasingly been classified as critical infrastructure in Australia, with state authorities prioritising planning decisions to support economic activity, digital services and long-term technology needs.
Digico Infrastructure REIT is listed on the Australian Securities Exchange under the symbol DGT.AX and focuses on owning and operating digital infrastructure assets, including data centres and connectivity-related facilities. The Syd1 expansion aligns with the trust's strategy to scale capacity in high-demand metropolitan markets while working within state planning frameworks.
Source Reuters
5th Jun, 2025
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