CapitaLand Ascendas REIT buys fifth UK data centre

CapitaLand Ascendas REIT buys fifth UK data centre

FILE PHOTO-A man passes a CapitaLand signage in Singapore March 22, 2021. REUTERS/Edgar Su/File Photo

CapitaLand Ascendas REIT (CLAR) has completed the acquisition of its fifth data centre in the UK for a purchase consideration of £125.1 million ($159 million), based on an agreed property value of £119.4 million.

Edited by: Pramod Mathew