MIT has requested a trading halt today as it announces the purchase of the remaining 60% stake in a portfolio of 14 American data centres it already partially own. The US$218 million operation is to be funded with a private placement of at least S$350 million, but the manager believes the operation will be NAV and DPU accretive to existing unitholders.
Mapletree Industrial Acquires Remaining Stakes in 14 Data Centres
News about Mapletree Industrial Trust —
Mapletree Industrial Trust
|Yield (4 quarters)||5.78%|