The Competition Commission of South Africa (CCSA) held its ordinary meeting on Tuesday 29 March 2022, to review and take decisions on matters brought before the Commission by members of the public and corporate applicants, in terms of the Competition Act (89 of 1998) as amended. These matters include, but are not limited to complaints, mergers and acquisitions.
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SINGAPORE, March 17, 2021 /PRNewswire/ Ascendas Funds Management (S) Limited (the Manager ), in its capacity as the manager of Ascendas Real Estate Investment Trust ( Ascendas Reit ) (Singapore: A17U), is pleased to announce the Proposed Acquisition of a portfolio of data centres located across Europe (the Proposed Acquisition )[1], for S$904.6 million[2] ( Total Consideration ) from subsidiaries of Digital Realty Trust, Inc. ( Vendor ). The portfolio comprises 11 data centres (the Target Portfolio or Target Properties ) located across the United Kingdom ( UK ) (4 properties), the Netherlands (3 properties), France (3 properties) and Switzerland (1 property).
Located in London, the largest and most mature colocation data centre market in Europe, the two-storey Croydon (pictured) is one of the 11 European data centres that Ascendas Reit is acquiring. The DPU accretive acquisition marks the Reit’s maiden investment in European data
Ascendas Reit makes debut investment in European data centres for S$904 6 million prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.