You are here

47% ramp-up in data centre supply set to dampen rents

But Cushman & Wakefield expects a bottoming out next year amid sustained demand

SINGAPOREECONOMY.jpg
A ramp-up in supply of data centres (DCs) in Singapore by a whopping 46.6 per cent of the total current stock by megawatt (MW) by the end of this year islandwide is expected to dampen rents in the near term.

A RAMP-UP in supply of data centres (DCs) in Singapore by a whopping 46.6 per cent of the total current stock by megawatt (MW) by the end of this year islandwide is expected to dampen rents in the near term.

But Cushman & Wakefield expects rents to bottom out next year as a result of

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom