scorecardresearch
Thursday, May 2, 2024
Support Our Journalism
HomeTechAllied to sell UDC portfolio to KDDI Corporation for C$1.35 billion

Allied to sell UDC portfolio to KDDI Corporation for C$1.35 billion

Follow Us :
Text Size:

(Corrects to Canadian dollar from U.S. dollar throughout and adds conversion)

(Reuters) -Allied Properties Real Estate Investment Trust on Wednesday said it has entered into an agreement to sell the urban-data-centre (UDC) portfolio in downtown Toronto to KDDI Corporation for C$1.35 billion ($1.02 billion).

($1 = 1.3222 Canadian dollars)

(Reporting by Pratyush Thakur in Bengaluru; Editing by Dhanya Ann Thoppil)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

Subscribe to our channels on YouTube, Telegram & WhatsApp

Support Our Journalism

India needs fair, non-hyphenated and questioning journalism, packed with on-ground reporting. ThePrint – with exceptional reporters, columnists and editors – is doing just that.

Sustaining this needs support from wonderful readers like you.

Whether you live in India or overseas, you can take a paid subscription by clicking here.

Support Our Journalism

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular