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Sila Realty Trust completes sale of 29 data centers to Mapletree for $1.3bn

Sila Realty Trust completes sale of 29 data centers to Mapletree for $1.3bn
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Health care double down | Business Observer | Business Observer


32 min ago
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Sila Realty Trust’s plan to shed its portfolio of data centers will further focus the Tampa company and better position it for its future goal.
by:
Kevin McQuaid
Commercial Real Estate Editor
In selling its entire portfolio of 29 data center properties to a Singapore-based investment firm, Sila Realty Trust Inc. expects to better sharpen its focus on the health care assets for which it is better known.
The move by the Tampa-based company also could better position Sila Realty for an eventual sale, merger or public listing on a stock exchange a long-term goal management has stated is a desired endgame. ....

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