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Singapore REIT explores sale of US data centers as occupancy, valuations slip

Mapletree targets up to $500 million in dispositions
Mapletree Industrial Trust has seen its data center occupancy slip, including at its San Diego data center at 7337 Trade St., pictured. (CoStar)
Mapletree Industrial Trust has seen its data center occupancy slip, including at its San Diego data center at 7337 Trade St., pictured. (CoStar)
CoStar News
September 3, 2026 | 8:07 P.M.

Mapletree Industrial Trust is preparing to shed hundreds of millions of dollars in U.S. data centers, a seemingly counterintuitive move at a time when artificial intelligence is fueling a boom across the sector.

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