As landowners and real estate players vex over the dismal property outlook amidst the Covid-19 pandemic, another alternative asset class has emerged from the robust e-commerce to open up many business opportunities – data centre.
PETALING JAYA (Oct 26): Glomac Bhd is considering venturing into data centre business in the near future to diversify its investment portfolio.
KUALA LUMPUR (July 3): AIMS Data Centre (AIMS) has commenced construction on a new Tier III purpose-built data centre facility in Cyberjaya.
SINGAPORE (Aug 2): US Internet giant Google announced yesterday it will be building a third data centre in Singapore to meet rapid user growth in the region, bringing its total long-term investment in such facilities here to US$850 million (RM3.
SINGAPORE (April 5): OCBC is maintaining its “buy” on Keppel DC REIT with S$1.
SINGAPORE (March 29): OCBC Investment Research is maintaining its “buy” recommendation on Mapletree Industrial Trust (MIT) at a fair value of S$1.
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