Keppel DC REIT AUM reaches $3.7bn as it lines up extra acquisitions
Singapore-listed Keppel DC REIT (SGX: AJBU), whose market cap currently stands at S$3.51 billion, has posted is unaudited financial results concerning 2022. The trust has reported gross revenues for the year of $277.32 million, up 2.3% on 2021, when it showed gross revenues of $271 million. D...
February 01
‘The pendulum is still moving in our favour,’ data centre leaders rebuff recession doomsday scenario
Data centre executives at some of the industry’s largest global players have rebuffed fears of an industry meltdown in the wake of international uncertainty over economic recession affecting G7 countries and beyond. The global economy is in a state of uncertainty due to the COVID-19 pandemic and also the war in Ukraine. The pandemic has had a significant impact on econ...
January 30
New BW Digital CEO appointed to drive digital infrastructure investments
BW Group’s affiliate BW Digital has appointed Ludovic Hutier as their new CEO. Hutier has held prestigious positions in the digital marketing world prior to his appointment. The privately-held subsea cable and data centre operator has brough Hutier in for the top job nearly a year after it acquired 100 percent of the shares of Hawaiki Submarine Cable Limited Partnershi...
January 26
HSBC, CIMB Bank, Maybank are financing green data centres in Southeast Asia
Malaysian infrastructure and utilities company YTL Corporation Berhad (YTL) has obtained a $256 million green loan from a consortium of international and Malaysian banks for the construction of a new data centre in Johor, Malaysia. The loan, which is being provided by HSBC Malaysia, Maybank, and CIMB Bank, is part of the global initiative to reduce the environmental footpri...
January 25
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