May 26, 2023 | Posted by Abdul-Rahman Oladimeji | Mapletree Redwood Data Centre Trust
The acquisition of a data center in Osaka, Japan, signifies Mapletree Industrial Trust's entrance into the Japanese data center market. This week, the manager of Mapletree Industrial Trust (MIT), Mapletree Industrial Trust Management Ltd., announced the purchase of a recently constructed data ...
Apr 06, 2023 | Posted by MadalineDunn | Ashburn: Data Center Alley
Direct Line Global has announced that it has signed the lease for a 17,040-square-foot research and development space within Ashburn Crossing, an 80-acre business park in Ashburn, Virginia. Through this move, the company has tripled its presence in the area. Speaking about this expansion, Vern...
Jan 17, 2022 | Posted by MadalineDunn | Ashburn: Data Center Alley
American Real Estate Partners (AREP) has announced that, with Harrison Street, it is investing $1bn (€864m) in six data centres in the US. According to reports, this development plan will total 2.1m sqft of data centre space in Data Center Alley in Ashburn and Arcola, Virginia.Speaking about t...
Aug 18, 2021 | Posted by Abdul-Rahman Oladimeji | Mapletree Redwood Data Centre Trust
As part of its acquisition of Sila Realty Trust’s data center portfolio, Mapletree Investment Trust has also acquired a Lumen data center in Minnesota. The facility is at 5400-5500 Feltl Road inside the Opus Business Park, Minnetonka. It is reported that Sila paid $26 million for the facility....
Aug 16, 2021 | Posted by Abdul-Rahman Oladimeji | Mapletree Redwood Data Centre Trust
2021 has been an eventful year in the data center industry as we’ve seen some major merger and acquisition activities as these firms look to expand their capacities. We are going to shine the spotlight on the top five merger and acquisition activities in Q2 of 2021. We’ll be able to see wh...
May 20, 2021 | Posted by Abdul-Rahman Oladimeji | Mapletree Redwood Data Centre Trust
Sila Realty Trust announced that it has agreed to sell all its 29 data centers in the US to Mapletree Investment Trust for $1.3 billion. The 29 data centers are all the data centers in Sila’s portfolio which means upon completion; it will be an exit from the data center industry for Sila. ...
Jun 23, 2020 | Posted by Eric Bell | Mapletree Redwood Data Centre Trust
SINGAPORE: DBS Trustee Limited, a trustee of Mapletree Industrial Trust (MIT), has entered into agreements for the proposed acquisition of the remaining 60% interest in the 14 data centres in the United States of America currently held by Mapletree Redwood Data Centre Trust (MRDCT) at a purcha...