Mapletree Industrial Trust to acquire 60% stake in US data centres for $211m

Mapletree Industrial Trust to acquire 60% stake in US data centres for $211m

Photo by Taylor Vick on Unsplash

Mapletree Industrial Trust is acquiring the 60 per cent stake it doesn’t already own in 14 US data centres for $210.9 million from a Mapletree Investments subsidiary, the Singapore-listed trust said in a filing to SGX on Tuesday.

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