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
From hawker stall to Enterprise Award winner: How Han Keen Juan scaled the Old Chang Kee empire
Dr Koh Poh Koon resigns from ministerial roles for ‘family reasons’, will stay on as MP
Haidilao co-founder’s family buys second bungalow in Cluny Hill for S$85 million
Ban on land sales, new launches for developers that deliver ‘defect-ridden’ projects
