Data centre Reits navigate growth amid competing forces
Expansion relies on acquisition firepower, though there is also keen interest on building assets from scratch
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MAPLETREE Industrial Trust's (MIT) latest US$1.32 billion proposed purchase of 29 data centres in the United States speaks to the continued appetite for assets tied so intimately to the trend of 5G and the natural data boom.
On the local bourse, there are three real estate investment trusts (Reits) with substantial exposure to this asset class: Ascendas Reit, Keppel DC Reit, and MIT.
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