Data Center News

Read Singapore government and Facebook back $S17m project for sustainable tropical data centers
Singapore government and Facebook back $S17m project for sustainable tropical data centers

Singapore government and Facebook back $S17m project for sustainable tropical data centers

June 16, 2021 Singapore

It has been announced that social media giant Facebook and the Singapore government are joining forces to fund a $17 million (S$23m) project to address the need to boost the number of sustainable data centers built in tropical climates. The programme is also being funded by Singapore's...

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Read Sila agrees to sell all its data centers to Mapletree for $1.3bn
Sila agrees to sell all its data centers to Mapletree for $1.3bn

Sila agrees to sell all its data centers to Mapletree for $1.3bn

May 20, 2021 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. CEO and...

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Read Mapletree Industrial Trustto Acquire Remaining 60% Interest in 14 Data Centres in the United States
Mapletree Industrial Trustto Acquire Remaining 60% Interest in 14 Data Centres in the United States

Mapletree Industrial Trustto Acquire Remaining 60% Interest in 14 Data Centres in the United States

June 23, 2020 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 purchase...

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