Mapletree Industrial Sells US Data Centre

News about Mapletree Industrial Trust

Mapletree Industrial Trust is announcing the divestment of an American data centre, 19675 West Ten Mile Road in Southfield, Michigan. The property was contributing about 0.3% of the trust gross revenue and is being sold for US$10 million.

Mapletree Industrial Trust
Price2.600 SGD
NAV1.860 SGD
Yield (4 quarters)5.31%
Gearing38.4%