Goodman, Digital Realty Buy NextDC Stakes

NextDC shares closed 50.84% higher after Goodman Group and Digital Realty moved to acquire stakes of up to 9.9% each at A$9.50 per share via an aftermarket bookbuild. NextDC's board called the move "opportunistic" after its recent M3 Melbourne power delay and FY2027 guidance revision, while the two buyers reserved the right to bid.

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NextDC shares jumped about 51% after Goodman and Digital Realty bought stakes of up to 9.9% at A$9.50 in an aftermarket bookbuild. The buyers say they have no current intention of bidding but reserved the right, so takeover speculation now supports the stock. The board called the move opportunistic, coming two weeks after a power delay at M3 Melbourne and a cut to FY2027 guidance. The rally contrasted with falls of about 9% in CoreWeave and 11% in Iren on fears of tighter US data center oversight after Democratic midterm wins. The episode shows strategic buyers valuing scarce Australian colocation capacity, while US data center stocks face policy risk.