The Straits Times
Vivienne Tay
https://str.sg/JjtY
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SINGAPORE (THE BUSINESS TIMES) - Ascendas Real Estate Investment Trust (Ascendas Reit) is looking to acquire 11 Europe data centres for $904.6 million. The purchase would boost the Reit s exposure to data centres to 10 per cent of its total investment properties, from 4 per cent currently.
Ascendas Reit makes debut investment in European data centres for S$904 6 million
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Stocks to watch: Ascendas Reit, Keppel, Japfa, Sunpower, LMIRT
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Brokers take: Analysts maintain calls on Ascendas Reit, positive on diverse portfolio
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