Market Chatter: AIMS APAC REIT Seeking Data Center Opportunities

MT Newswires13:01

AIMS APAC REIT (SGX:O5RU) is looking to turn its attention towards data center opportunities and become a player in the rising demand for digital infrastructure, according to a report by The Business Times on Monday.

The REIT's manager, AA REIT's CEO Russel Ng, revealed that the Australian government granted two of its sites in New South Wales as "potential data center developments", the report added.

Meanwhile, Ng predicted future development upside from Australia, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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