SEA to be the fastest-growing region for data centres
On a list of 38 countries and cities, Singapore is ranked the third-most robust data centre market; The Republic is also the only market in South-east Asia on this global list
Singapore
SOUTH-EAST Asia is poised to be the fastest-growing region for co-location data centres over the next five years, according to new research by Cushman & Wakefield and Structure Research.
In a report issued on Monday, it noted that South-east Asia's market size will expand by a compounded annual growth rate (CAGR) of 13 per cent between this year and 2024.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Singapore retail rents slip 0.4% in Q1 as vacancy rates creep up
Country Garden plans to present debt revamp plan in H2, sources say
Hong Kong home prices rise for first time in 11 months after curbs scrapped
HDB resale prices accelerate, rising 1.8% in Q1 on stronger demand
Private home prices ease to 1.4% rise in Q1; rents fall a further 1.9%
OUE wins tender to lease, develop new ‘zero-energy’ hotel at Changi Airport’s T2