Digital Realty on sale of 11 data centers in Europe to Ascendas Reit

Loyens & Loeff has advised Digital Realty (NYSE: DLR), a leading global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, on its sale of three data centers in the Netherlands, as part of a sale of a larger portfolio of 11 data centers in Europe, to Ascendas Reit, a CapitaLand sponsored REIT. The aggregate consideration for the data center portfolio was approximately USD 680 million.