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Home / Capital / Brokers Calls

Analysts mixed on Mapletree Industrial Trust’s data centre acquisition in US

Broker's Calls

Analysts mixed on Mapletree Industrial Trust’s data centre acquisition in US

Felicia Tan Published on Wed, Jun 24, 2020 / 4:43 PM GMT+8

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SINGAPORE (June 24): Analysts are mixed on their outlook for Mapletree Industrial Trust (MIT) following the REIT’s Wednesday announcement that it will be acquiring the remaining 60% interest in data centres in the US at a purchase consideration of US$210.9 million (S$299.5 million).

See: Mapletree Industrial Trust to acquire remaining 60% interest in 14 data centres in US for $299.5 mil

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