Mapletree Industrial Trust is announcing the acquisition of a 98.47% stake in a datacentre in Tokyo (Japan) for sum of JPY14.3 billion (approximately S$127.8 million).

The freehold facility is 100% leased and mixed-use as it also includes back office, training facilities and an adjacent accommodation wing.

Proposed Acquisition to be DPU-accretive on a historical pro forma basis