CapitaLand Ascendas Reit (CLAR) has completed its acquisition of a 49% stake in a data centre asset located in Greater Osaka, Japan, the Reit said in a May 7 bourse filing. CLAR first announced the proposed purchase of the interest in the data centre for $620.7 million on March 24. The deal represents the largest single-asset data centre sale in Japan’s history, according to JLL, which helped broker the deal. A fund managed by Mitsui & Co Realt…
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