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Data centre feasibility, around power and load.

Hyperscale, edge and colocation. IT load, power, fit-out tier and anchor tenancy drive the model. Not a logistics shed with extra cooling.

  • Inputs7 blocks
  • Outputs8 metrics
  • CashflowMonthly
  • ScenariosPlanned

What this model does

Data centre feasibility, end to end.

Decide whether the IT load justifies the build at this site. The model treats MW, fit-out tier and anchor lease as the unit of design, not GFA.

Calculation flow05 steps
  1. 01

    Site and power

    Site area, GFA, IT load (MW), substation and cooling captured.

  2. 02

    Cost stack

    Shell $/m², fit-out $/kW, tier-specific redundancy and contingency.

  3. 03

    Anchor tenancy

    Term, rent $/kW, escalation and incentives applied.

  4. 04

    Stabilised NOI

    Effective rent rolls into stabilised NOI on total development cost.

  5. 05

    Returns

    Stabilised yield, exit value, IRR and MW delivered returned.

Schema

Every input. Every output. In one view.

The full data centre feasibility model schema. 7 input blocks feeding 8 output metrics, with the calculation engine in between.

Inputs07 blocks
  1. 01

    Site and power

    Site areaGFAIT load (MW)Power supplyCooling
  2. 02

    Land

    Land costSubstation costsAcquisition
  3. 03

    Shell and fit-out

    Shell $/m²Fit-out $/kWTier (II / III / IV)Redundancy
  4. 04

    Soft costs

    ApprovalsConnection feesCommissioningContingency
  5. 05

    Tenancy

    Anchor leaseRent $/kWTermEscalation
  6. 06

    Finance and exit

    Senior debtInterestCap rateExit value
  7. 07

    Programme

    ApprovalsConstructionCommissioningStabilisation
Outputs08 metrics
Primary outputAt base case
Stabilised yield8.1%
MetricValue
  • Stabilised NOI$84.0M
  • Exit value$1.20B
  • Development profit$172.4M
  • Development margin16.8%
  • Equity IRR18.2%
  • Peak debt$640.0M
  • MW delivered60 MW

Engine logic

Two engines. Scenarios and cashflow.

The two pieces that separate the data centre feasibility from a spreadsheet. Scenarios that share one project, and a monthly cashflow wired to every input.

Scenarios01 / 02

Multiple scenarios, one project

Switchable in a click. No copied files.

  1. 01

    Tier II, III and IV as scenarios with their own fit-out rate.

  2. 02

    Anchor lease terms as scenario levers, with rent and escalation.

  3. 03

    Compare stabilised yield across tier and anchor variants.

  4. 04

    Cap rate and exit value sensitivity on one project.

Cashflow02 / 02

Monthly cashflow, fully connected

Every input touches the schedule.

  1. 01

    Cashflow runs through approvals, construction and commissioning.

  2. 02

    Phased delivery models the build, not a single completion month.

  3. 03

    Anchor rent steps in at commissioning, with escalation through hold.

  4. 04

    Stabilised NOI rolls into yield on cost at total development cost.

Excel replacement

Where the workbook quietly fails.

Every row is a recurring failure mode of the data centre feasibility spreadsheet, and how the model handles it once.

SpreadsheetPopurise model
  • 01Modelled like a logistics shedModelled around IT load, power and fit-out tier
  • 02Tier baked into the build rateTier as a scenario, with fit-out $/kW per tier
  • 03Anchor lease as a single rent numberAnchor lease modelled with term, escalation and incentives

Use and verify

What it decides. What to check first.

The decisions the data centre feasibility is built to support, alongside the things to verify before you trust it on a live deal.

What it decidesUse cases
  1. 01

    Lock the anchor

    Test anchor lease terms against stabilised yield. Decide what holds up at exit.

  2. 02

    Tier the build

    Tier II vs Tier III vs Tier IV as a scenario. See the margin difference.

  3. 03

    Size the power

    MW, substation cost and connection fees as live inputs. Yield follows.

  4. 04

    Stage the commissioning

    Phased delivery as a real programme. Not a single completion month.

Pre-flight checklist05 checks

  • IT load in MW as the design unit, not GFA.

  • Fit-out $/kW per tier, not a single shell rate.

  • Substation and connection costs broken out, not buried as soft costs.

  • Anchor lease modelled with term, escalation and incentives.

  • Phased commissioning across the programme.

Worth checking before you stake a live deal on the data centre feasibility.Register interest
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Questions

Data centre feasibility, answered.

How Popurise handles the data centre feasibility.

Is the data centre model live today?

Not yet. Popurise is live for residential. Data centre is on the expansion roadmap.

What is the unit of design?

IT load in megawatts. GFA, cooling, fit-out and yield all follow MW.

Does it model tier?

Yes. Tier II, III and IV sit as a scenario, with separate fit-out rates per kW.

How is the anchor lease modelled?

Term, rent $/kW, escalation, incentives and downtime as separate inputs. Effective rent falls out.

Shape data centre feasibility in Popurise.

Tell us how your team models this sector today. We are building it with the developers who will use it.

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