The price of Asia Pacific Data Centre's three-asset portfolio has fallen to $265 million after a mooted deal with a mystery foreign buyer fell apart last month.
The data centres property trust is under the effective control of its majority shareholder 360 Capital, led by Tony Pitt, after a drawn-out takeover battle with the facilities' sole tenant, NextDC.
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Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com
