High capital expenditure, tech changes could dampen outlook for data-centre S-Reits
Add BT as a preferred source
ANALYSTS are optimistic that Singapore-listed real estate investment trusts (S-Reits) with exposure to data-centre assets will benefit from plans announced in Budget 2024 to ride on the artificial intelligence (AI) boom.
However, they warned that high capital expenditure or significant changes to technology could dampen the growth of these Reits.
The government earlier this month announced it will invest more than S$1 billion over the next five years to develop AI infrastructure, talent and the industry.
TRENDING NOW
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
CDL, Hong Realty outbid 3 other bidders with S$542.4 million offer at S$1,865 psf ppr for Peck Hay plot
Evergrande’s liquidation prompts some PwC partners to shield assets, contemplate divorce
Private equity giant Carlyle can grow bigger but needs to stay on its toes: co-founder David Rubenstein
