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Mapletree Industrial Trust (MIT) announced that it will be hosting its Extraordinary General Meeting (EOGM) on the 27-Aug-2020 (Thu) to obtain shareholder approval for the proposed acquisition of the remaining 60.0% interest in 14 data centres located in the U.S. The total acquisition outlay including the transaction cost and acquisition fees add-up to approximately S$310.0mil.
This comes after making the proposal in June 2020 and raising net proceeds of about S$410mil in a very successful…

Singapore

Mapletree Industrial Trust is a Singapore-focused real estate investment trust with a large and diversified portfolio of industrial properties. The Trust invests in a diverse portfolio of industrial properties with the primary objective of achieving an attractive level of return from rental income and for long-term capital growth.

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