Mapletree Industrial Trust ("MIT") wastes no time in the the execution of its strategic vision of having two-third of its property portfolio in data centres. Coming off the heel of the last US data centers acquisition exercise in 2020, MIT recently announces another US$1.32 billion acquisition of 29 data centres from Florida based Sila Realty Trust. New engine of growth Data centres remain resilient with attractive growth opportunities, which are underpinned by the acceleration of digitalisation, cloud adoption and e-commerce during the pandemic. The completion of the significant acquisition of the 29 data centres will mean that MIT now has 53.6% of the REIT's entire portfolio vested in this key property segment relative to 41.2% pre-acquisition. MIT total assets under management thus will increase from $$6.8 billion to S$8.6 billion. MIT expects the proposed acquisition to be distribution per unit (DPU) and net asset value per unit (NAV) accretive to unitholders....