data centre

Deals, joint ventures & alliances

SPH taps into lucrative data centre with Keppel Data Centres

Data centres are likely to become more lucrative as digitalisation accelerates.

M&A

ST Telemedia makes strategic investment to take controlling interest in 2nd Watch

SINGAPORE (Oct 10): Temasek-owned ST Telemedia (STT) has entered into a definitive agreement to make a strategic investment for a controlling interest in cloud service provider 2nd Watch.

Disruption and Digitalisation

Data is the new black gold

SINGAPORE (Sept 23): In a few fiery moments, the drone strikes on Saudi Aramco’s main facility at Abqaiq cut 5% off the global oil supply. Oil prices surged as much as 20% when the markets reopened as analysts scrambled to make sense of the impact. The

Tech

Princeton Digital acquires assets in China and Singapore as part of US$500 mil expansion plan

SINGAPORE (Sept 2): Singapore-based internet infrastructure company Princeton Digital Group (PDG) reported that it has acquired assets and land for data center development in China and Singapore as part of a US$500 million ($695 million) investment to fue

Online privacy

Protest data breaches threaten Hong Kong's hub ambitions

(July 29): Hong Kong’s ambitions to be an international data-centre hub are a potential casualty of the city’s mass protests.

Tech

GIC partners Polymer Connected to develop data centre campus in Jakarta

SINGAPORE (June 13): GIC, global long-term investor and manager of Singapore’s foreign reserves, and data centre provider Polymer Connected today announced a partnership to develop a data centre campus in Jakarta, Indonesia.

In print this week

AirTrunk raises $450 mil to fund largest 'neutral' data centre in Singapore

SINGAPORE (Apr 15): Data scientists are not the only ones in demand, data centres are too. On April 10, data centre specialist AirTrunk announced that it had raised $450 million in debt financing to expand across Asia-Pacific. For a start, the funds will

Tech

Facebook to build $1.4 billion data centre in Singapore

(SINGAPORE): Facebook is joining the likes of other technology giants to build data centres in Singapore.

Keppel DC REIT to build Sydney data centre in Macquarie Business Park

SINGAPORE (Aug 7): The manager of Keppel DC REIT (KDC REIT) intends to build a new shell and core data centre on vacant land within the Macquarie Business Park precinct in Sydney, Australia, as an expansion of the Macquarie Telecom data centre campus.

Broker's Calls

Analysts positive on Keppel DC REIT's latest acquisition, but divided over risks

SINGAPORE (May 8): OCBC Investment Research and Phillip Capital are upgrading their calls on Keppel DC REIT (KDC REIT) to “buy” and "accumulate" with a fair value and target price of $1.54 and $1.51, respectively, following news of the REIT’
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