Realty Digest: Mapletree Industrial Trust buys data centre; Brookfield launches rental residential platform

Realty Digest: Mapletree Industrial Trust buys data centre; Brookfield launches rental residential platform

A Mapletree warehouse located close to the port of Savannah, the fourth largest seaport in the US. (Photo courtesy of Mapletree Investments)

Singapore’s Mapletree Industrial Trust is acquiring a 10-megawatt data centre in Osaka for 52 billion yen ($370 million). In a separate development, US-based asset manager Brookfield has launched its built-to-rent platform in Australia with a A$400 million ($262 million) project in Brisbane.