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Mapletree and its Reit to buy US$1.37b of data centres

North American portfolio consists of 13 data centres; six are in Northern Virginia, the world's largest data centre market

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Claudia Chong

Claudia Chong

Published Mon, Sep 16, 2019 · 09:50 PM

    Singapore

    MAPLETREE Investments and Mapletree Industrial Trust (MIT) are set to acquire a North America data centre portfolio worth US$1.37 billion (S$1.9 billion) from data centre provider Digital Realty.

    They have formed a 50:50 joint venture (JV) to buy 10 powered shell data centres (called the Powered Base Building data centres) from Digital Realty for US$557.3 million.

    mapletree industrial trustMapletree Investments

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