SUBSCRIBERS

Mapletree Industrial Trust to buy US data centre for as much as US$262.1m

Published Mon, Sep 14, 2020 · 09:50 PM

Singapore

MAPLETREE Industrial Trust (MIT) is proposing to acquire a data centre and office in the US state of Virginia for between US$200.6 million and US$262.1 million.

MIT's manager said on Monday that it is targeting to complete the deal in the first quarter of 2021.

KEYWORDS IN THIS ARTICLE

Data centres

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes

Companies & Markets

Universal Music Group reaches new licensing agreement with TikTok
Sumitomo to bolster shareholder returns in new mid-term plan
US Fed ‘less hawkish’ than expected; Singapore banks, net cash companies likely to outperform
ST Engineering bags more than S$175 million in contracts to upgrade Singapore’s public bus fleet
ING unveils 2.5 billion euros buyback as profit beats estimates
Prosper Cap halts operations at UK hotel after fire breaks out

Purchase this article

Companies & Markets

Companies & Markets

Mapletree Industrial Trust to buy US data centre for as much as US$262.1m

KEYWORDS IN THIS ARTICLE

Companies & Markets

Universal Music Group reaches new licensing agreement with TikTok

Sumitomo to bolster shareholder returns in new mid-term plan

US Fed ‘less hawkish’ than expected; Singapore banks, net cash companies likely to outperform

ST Engineering bags more than S$175 million in contracts to upgrade Singapore’s public bus fleet

ING unveils 2.5 billion euros buyback as profit beats estimates

Prosper Cap halts operations at UK hotel after fire breaks out

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

SECTIONS

LIFESTYLE

Follow BT