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Digital Realty completes data centre JV with Mapletree

Tuesday 5 November 2019 | 09:40 CET | News
Digital Realty, which recently bought Interxion for USD 8.5 billion, said it has completed its joint venture with Mapletree on three existing turn-key flex data centres in Ashburn, Virginia. The transaction values the three hyper-scale facilities at USD 1.0 billion. The data centres are fully leased and are expected to generate USD 61 million worth of cash net operating profit in 2020. Digital Realty will keep a 20 percent stake in the joint venture and continue to operate and manage the facilities. Mapletree closed on the remaining stake for USD 811 million.  

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Categories: Fixed
Companies: Digital Realty / Interxion
Countries: United States
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