MIT Acquires Newly-built Data Center in Japan

Mapletree Industrial Trust (MIT) has acquired a newly-built data center in Osaka, Japan for JPY 52 billion (about USD 248 million). According to MIT’s manager, the acquisition was through the purchase of a conditional trust beneficial interest and share agreement with Suma Tokutei Mokuteki Kaisha, an unrelated third-party vendor. With more than 3GW of total […]