Keppel DC Reit's DPU up 27.5%; data centre market likely to get 'very tight' in H2 2021
Singapore
THE local data centre market is expected to "get very tight" towards the second half of the year, said Chua Hsien Yang, chief executive of Keppel Data Centre (DC) Reit's manager, in an earnings call on Tuesday evening.
This is given the current moratorium that the government has imposed on building new data centres in Singapore.
TRENDING NOW
Haidilao co-founder’s family buys second bungalow in Cluny Hill for S$85 million
Executive assistants making US$100,000 a year are losing jobs to AI
Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned
‘Even a CEO’s job can be replaced by AI’: DBS CEO Tan Su Shan bets big on agentic AI