Equinix Singapore has agreed to buy Mapletree Industrial Trust’s Singapore data center for $91.2 million.
Equinix Singapore gave notice to Mapletree that they wish to purchase the SG3 data center, for which they had been a fully leased tenant of since 2015.
The seven-story data center was the only facility in Mapletree’s portfolio that provided Equinix with the option to purchase the data center.
The SG3 data center located at 26A Ayer Rajah Crescent, near Queenstown in Singapore, is Equinix’s largest data center in Asia Pacific, spanning 35,000 square meters (377,000 square feet) and containing a 5,000-rack capacity.
