Mapletree Industrial Trust (MIT) has entered into a 50-50 joint venture (JV) with Mapletree Investments Pte Ltd to acquire 10 data centres in the US that operate under the Powered Base BuildingĀ® brand.

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By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.