More DC Reits 'could eventually list in Asia'

Singapore

THE trend of data centre Reits (real estate investment trusts) hasn't really kicked off in Asia, but it would be "inevitable" in the long term, a senior executive from Digital Realty (DRL), the first data centre Reit to ever list globally, believes.

This is especially after Singapore's Keppel DC Reit has blazed a trail with its successful listing in 2014 and its positive performance thereafter, before the recent stockmarket rout nearly erased all its gains.

If the United States serves as a guidance, many telecommunication …