XML 58 R38.htm IDEA: XBRL DOCUMENT v3.22.4
Acquisitions and Dispositions of Properties (Tables)
12 Months Ended
Dec. 31, 2022
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]  
Schedule of acquisitions and dispositions of properties

The Company sold the following other real estate properties during the years ended December 31, 2022, 2021 and 2020:

Gross Proceeds / Fair Value

Gain on Sale / contribution

Location / Portfolio

Metro Area

Date Sold

(in millions)

(in millions)

Non-core building

Dallas

Aug 8, 2022

$

203.0

$

174.0

Other

Various

2022

2.8

2.8

European Portfolio

Various

Mar 16, 2021

680.0

332.0

Other

Various

2021

109.6

37.7

Naritaweg 52

Amsterdam

Dec 30, 2020

6.1

Liverpoolweg 10

Amsterdam

Jul 17, 2020

21.5

10.4

Mapletree portfolio

Various

Jan 14, 2020

557.0

306.5

Digital Core REIT (DCRU)  
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]  
Schedule of acquisitions and dispositions of properties

As a result of this transaction, the Company recognized a gain on sale of assets of approximately $1.0 billion – which is summarized below (in millions).

Cash received

$

919.1

Fair market value of retained investment in SREIT

521.4

Acquisition fees paid in Digital Core REIT units

13.0

Tax on acquisition fees

(3.0)

Net book value of assets contributed

(439.3)

Gain on disposition of properties

$

1,011.2