Powered shell
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Powered Land Sale, Turnkey, Powered Shell: Stockland's Data Center Slides for FY26
Stockland's presentation of its FY26 results sets data center business models side by side, among them a powered land sale and a powered shell, and says its partnership with an operator is focused exclusively on turnkey. Another slide reports the power secured across three of its sites, a figure its footnote makes subject to final design, documentation and customer negotiations.
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Powered Shell Leases: Centuria Industrial REIT's Data Center Strategy of June 2026
In a presentation lodged on June 16, 2026, Centuria Industrial REIT listed powered land leases, powered shell leases and fully fitted leases as data center conversions it "may" consider, and set out for several of its sites what it calls "Future optionality."
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A Mix of Powered Shell, Fitted and Fitted Hyperscale Data Centers: Mapletree Industrial Trust's Presentation of May 2026
In a presentation of May 2026, Mapletree Industrial Trust split the gross rental income of its data center portfolio by lease type and by tenant type, with powered shell data centers among the lease types.
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Which the Customer Will Contract Directly: SEGRO's Data Center Update of March 2026
On March 16, 2026, SEGRO said it had signed an agreement to develop a powered shell data center for an existing customer on the Slough Trading Estate, with power the customer will contract directly. The same update reported planning committee approval for the company's first fully fitted data center.



