News about Mapletree Industrial Trust —
Mapletree Industrial Trust Offers 22 US Data Centres for Sale - Mingtiandi
Mapletree Industrial Trust has put 22 US data centres on the market as the Singapore-listed REIT pursues a target of S$500 million to S$600 million ($394 million to $472 million) in North American divestments....read more on mingtiandi.com
The portfolio spans 15 states and over 3.1 million square feet (288,000 square metres), with a weighted average lease term of 6.8 years. Most of the properties are leased to co-location providers under triple-net arrangements, according to exclusive advisor JLL.