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$1 billion over the next five years to develop AI infrastructure, talent and the industry.
TRENDING NOW
When every phone becomes a satellite phone, what happens to Asia’s telcos?
Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry
Japan Home closing outlets; staff say Valu$ taking over operations
Timah Partners lands S$60 million facility from lenders including UOB, RHB
