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Local industrial property firm opens first data centre

Kingsland sees data centres as its new growth area to generate 50% of revenue
Thursday, October 8, 2015 - 05:50
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The 208,000 square foot, five-storey Kingsland Data Centre was officially opened on Wednesday. Kingsland Development chairman Sok Hang Chaw (third from right) said: "We see further demand from the industry for more space for data centres."

Singapore

A HOMEGROWN industrial property developer is investing more than S$100 million into its new data centre venture, with the hope that it will ultimately account for more than half of the company's revenue.

The 208,000 square foot, five-storey Kingsland Data Centre, which