Singapore firms expand data centre investments overseas as demand grows

The Straits Times2021-10-07

SINGAPORE - A Temasek-owned data centre provider based in Singapore plans to operate two new facilities in Tokyo, marking its first foray into the Japanese market. ST Telemedia Global Data Centres ...

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The first is expected to be ready in the second quarter of 2024.\nMr Nicholas Toh, ST Telemedia's chief executive for North-east Asia, said on Thursday (Oct 7): \"These new ... facilities are purpose-designed to meet the scalable capacity demands of ... customers looking for large-scale facilities to meet growing requirements.\"\nThe move comes amid a string of partnerships and acquisitions in data centres by Singapore firms and real estate investment trusts this year.\nA Fitch Ratings report on Monday (Oct 4) said \"demand for data centres will continue to grow amid digital transformation and cloud-based solutions\".\nLast month, SingTel announced the partial sale of its Australian telecoms tower portfolio for A$1.9 billion (S$1.88 billion) to fund its expansion plans, which include data centres.\nThe telco said it has formed partnerships with Thai power producer Gulf Energy and integrated telecom operator Telekomunikasi Indonesia to build and acquire data centres in those two countries.\nSingtel chief executive Yuen Kam Moon said the telco expects its data centre portfolio to grow \"well above\" $5 billion in assets under management across the region in the next three to five years.\nCapitaLand is also investing in data centres. 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore firms expand data centre investments overseas as demand grows\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-07 20:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/singapore-firms-expand-data-center-investments-overseas-as-demand-grows><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE - A Temasek-owned data centre provider based in Singapore plans to operate two new facilities in Tokyo, marking its first foray into the Japanese market.\nST Telemedia Global Data Centres ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/singapore-firms-expand-data-center-investments-overseas-as-demand-grows\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"http://www.straitstimes.com/business/companies-markets/singapore-firms-expand-data-center-investments-overseas-as-demand-grows","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2173194131","content_text":"SINGAPORE - A Temasek-owned data centre provider based in Singapore plans to operate two new facilities in Tokyo, marking its first foray into the Japanese market.\nST Telemedia Global Data Centres will set up the complexes in Goodman Business Park, which is being developed in Inzai City in the Greater Tokyo area.\nGoodman Japan will develop the data centres and lease the buildings on a long-term basis to ST Telemedia. The first is expected to be ready in the second quarter of 2024.\nMr Nicholas Toh, ST Telemedia's chief executive for North-east Asia, said on Thursday (Oct 7): \"These new ... facilities are purpose-designed to meet the scalable capacity demands of ... customers looking for large-scale facilities to meet growing requirements.\"\nThe move comes amid a string of partnerships and acquisitions in data centres by Singapore firms and real estate investment trusts this year.\nA Fitch Ratings report on Monday (Oct 4) said \"demand for data centres will continue to grow amid digital transformation and cloud-based solutions\".\nLast month, SingTel announced the partial sale of its Australian telecoms tower portfolio for A$1.9 billion (S$1.88 billion) to fund its expansion plans, which include data centres.\nThe telco said it has formed partnerships with Thai power producer Gulf Energy and integrated telecom operator Telekomunikasi Indonesia to build and acquire data centres in those two countries.\nSingtel chief executive Yuen Kam Moon said the telco expects its data centre portfolio to grow \"well above\" $5 billion in assets under management across the region in the next three to five years.\nCapitaLand is also investing in data centres. In April, it acquired a facility in Shanghai for 3.66 billion yuan (S$757.7 million).\nThe company said its plans to grow into a global business capitalises on \"increasing global connectivity and demand for data which has accelerated amid Covid-19\".\nCapitaLand in July also announced its first data centre investment in India, where it will invest an estimated INR12 billion (S$216.6 million) to develop and operate phase one of a complex in Airoli, a growing data centre hub in Navi Mumbai, a planned city in the Konkan division of Maharashtra state.","news_type":1,"symbols_score_info":{"STI.SI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6123147,"gmtCreate":1633616414369,"gmtModify":1634719427486,"authorId":4093051399756810,"author":{"id":4093051399756810,"idStr":"4093051399756810","authorId":4093051399756810,"name":"relaxlah","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":823691274,"type":1,"supId":0,"prevId":0,"content":"like","text":"like","html":"like"}],"langContent":"CN"},{"id":823872678,"gmtCreate":1633615505961,"gmtModify":1633615507065,"author":{"id":"4087558306753550","authorId":"4087558306753550","name":"LuckyLucky","avatar":"https://static.tigerbbs.com/7f6923176f885b4cc7c0299b6e1ec22e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4087558306753550","authorIdStr":"4087558306753550"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/823872678","repostId":2173194131,"repostType":4,"repost":{"id":"2173194131","kind":"news","pubTimestamp":1633609417,"share":"https://ttm.financial/m/news/2173194131?lang=&edition=full","pubTime":"2021-10-07 20:23","market":"sg","language":"en","title":"Singapore firms expand data centre investments overseas as demand grows","url":"https://stock-news.laohu8.com/highlight/detail?id=2173194131","media":"The Straits Times","summary":"SINGAPORE - A Temasek-owned data centre provider based in Singapore plans to operate two new facilit","content":"<div>\n<p>SINGAPORE - A Temasek-owned data centre provider based in Singapore plans to operate two new facilities in Tokyo, marking its first foray into the Japanese market.\nST Telemedia Global Data Centres ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/singapore-firms-expand-data-center-investments-overseas-as-demand-grows\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore firms expand data centre investments overseas as demand grows</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore firms expand data centre investments overseas as demand grows\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-07 20:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/singapore-firms-expand-data-center-investments-overseas-as-demand-grows><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE - A Temasek-owned data centre provider based in Singapore plans to operate two new facilities in Tokyo, marking its first foray into the Japanese market.\nST Telemedia Global Data Centres ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/singapore-firms-expand-data-center-investments-overseas-as-demand-grows\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"http://www.straitstimes.com/business/companies-markets/singapore-firms-expand-data-center-investments-overseas-as-demand-grows","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2173194131","content_text":"SINGAPORE - A Temasek-owned data centre provider based in Singapore plans to operate two new facilities in Tokyo, marking its first foray into the Japanese market.\nST Telemedia Global Data Centres will set up the complexes in Goodman Business Park, which is being developed in Inzai City in the Greater Tokyo area.\nGoodman Japan will develop the data centres and lease the buildings on a long-term basis to ST Telemedia. The first is expected to be ready in the second quarter of 2024.\nMr Nicholas Toh, ST Telemedia's chief executive for North-east Asia, said on Thursday (Oct 7): \"These new ... facilities are purpose-designed to meet the scalable capacity demands of ... customers looking for large-scale facilities to meet growing requirements.\"\nThe move comes amid a string of partnerships and acquisitions in data centres by Singapore firms and real estate investment trusts this year.\nA Fitch Ratings report on Monday (Oct 4) said \"demand for data centres will continue to grow amid digital transformation and cloud-based solutions\".\nLast month, SingTel announced the partial sale of its Australian telecoms tower portfolio for A$1.9 billion (S$1.88 billion) to fund its expansion plans, which include data centres.\nThe telco said it has formed partnerships with Thai power producer Gulf Energy and integrated telecom operator Telekomunikasi Indonesia to build and acquire data centres in those two countries.\nSingtel chief executive Yuen Kam Moon said the telco expects its data centre portfolio to grow \"well above\" $5 billion in assets under management across the region in the next three to five years.\nCapitaLand is also investing in data centres. In April, it acquired a facility in Shanghai for 3.66 billion yuan (S$757.7 million).\nThe company said its plans to grow into a global business capitalises on \"increasing global connectivity and demand for data which has accelerated amid Covid-19\".\nCapitaLand in July also announced its first data centre investment in India, where it will invest an estimated INR12 billion (S$216.6 million) to develop and operate phase one of a complex in Airoli, a growing data centre hub in Navi Mumbai, a planned city in the Konkan division of Maharashtra state.","news_type":1,"symbols_score_info":{"STI.SI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6122951,"gmtCreate":1633615524308,"gmtModify":1634719443085,"authorId":4087558306753550,"author":{"id":4087558306753550,"idStr":"4087558306753550","authorId":4087558306753550,"name":"LuckyLucky","avatar":"https://static.tigerbbs.com/7f6923176f885b4cc7c0299b6e1ec22e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":823872678,"type":1,"supId":0,"prevId":0,"content":"like","text":"like","html":"like"}],"langContent":"CN"},{"id":823811131,"gmtCreate":1633611292821,"gmtModify":1633611293358,"author":{"id":"3581331692871918","authorId":"3581331692871918","name":"beebeeyan","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3581331692871918","authorIdStr":"3581331692871918"},"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/823811131","repostId":2173194131,"repostType":4,"repost":{"id":"2173194131","kind":"news","pubTimestamp":1633609417,"share":"https://ttm.financial/m/news/2173194131?lang=&edition=full","pubTime":"2021-10-07 20:23","market":"sg","language":"en","title":"Singapore firms expand data centre investments overseas as demand grows","url":"https://stock-news.laohu8.com/highlight/detail?id=2173194131","media":"The Straits Times","summary":"SINGAPORE - A Temasek-owned data centre provider based in Singapore plans to operate two new facilit","content":"<div>\n<p>SINGAPORE - A Temasek-owned data centre provider based in Singapore plans to operate two new facilities in Tokyo, marking its first foray into the Japanese market.\nST Telemedia Global Data Centres ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/singapore-firms-expand-data-center-investments-overseas-as-demand-grows\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore firms expand data centre investments overseas as demand grows</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore firms expand data centre investments overseas as demand grows\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-07 20:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/singapore-firms-expand-data-center-investments-overseas-as-demand-grows><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE - A Temasek-owned data centre provider based in Singapore plans to operate two new facilities in Tokyo, marking its first foray into the Japanese market.\nST Telemedia Global Data Centres ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/singapore-firms-expand-data-center-investments-overseas-as-demand-grows\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"http://www.straitstimes.com/business/companies-markets/singapore-firms-expand-data-center-investments-overseas-as-demand-grows","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2173194131","content_text":"SINGAPORE - A Temasek-owned data centre provider based in Singapore plans to operate two new facilities in Tokyo, marking its first foray into the Japanese market.\nST Telemedia Global Data Centres will set up the complexes in Goodman Business Park, which is being developed in Inzai City in the Greater Tokyo area.\nGoodman Japan will develop the data centres and lease the buildings on a long-term basis to ST Telemedia. The first is expected to be ready in the second quarter of 2024.\nMr Nicholas Toh, ST Telemedia's chief executive for North-east Asia, said on Thursday (Oct 7): \"These new ... facilities are purpose-designed to meet the scalable capacity demands of ... customers looking for large-scale facilities to meet growing requirements.\"\nThe move comes amid a string of partnerships and acquisitions in data centres by Singapore firms and real estate investment trusts this year.\nA Fitch Ratings report on Monday (Oct 4) said \"demand for data centres will continue to grow amid digital transformation and cloud-based solutions\".\nLast month, SingTel announced the partial sale of its Australian telecoms tower portfolio for A$1.9 billion (S$1.88 billion) to fund its expansion plans, which include data centres.\nThe telco said it has formed partnerships with Thai power producer Gulf Energy and integrated telecom operator Telekomunikasi Indonesia to build and acquire data centres in those two countries.\nSingtel chief executive Yuen Kam Moon said the telco expects its data centre portfolio to grow \"well above\" $5 billion in assets under management across the region in the next three to five years.\nCapitaLand is also investing in data centres. In April, it acquired a facility in Shanghai for 3.66 billion yuan (S$757.7 million).\nThe company said its plans to grow into a global business capitalises on \"increasing global connectivity and demand for data which has accelerated amid Covid-19\".\nCapitaLand in July also announced its first data centre investment in India, where it will invest an estimated INR12 billion (S$216.6 million) to develop and operate phase one of a complex in Airoli, a growing data centre hub in Navi Mumbai, a planned city in the Konkan division of Maharashtra state.","news_type":1,"symbols_score_info":{"STI.SI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":823832278,"gmtCreate":1633610507955,"gmtModify":1633610508503,"author":{"id":"3569375896365334","authorId":"3569375896365334","name":"miaomee","avatar":"https://static.tigerbbs.com/fd309d5a46384576888494b61b0e5953","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3569375896365334","authorIdStr":"3569375896365334"},"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/823832278","repostId":2173194131,"repostType":4,"repost":{"id":"2173194131","kind":"news","pubTimestamp":1633609417,"share":"https://ttm.financial/m/news/2173194131?lang=&edition=full","pubTime":"2021-10-07 20:23","market":"sg","language":"en","title":"Singapore firms expand data centre investments overseas as demand grows","url":"https://stock-news.laohu8.com/highlight/detail?id=2173194131","media":"The Straits Times","summary":"SINGAPORE - A Temasek-owned data centre provider based in Singapore plans to operate two new facilit","content":"<div>\n<p>SINGAPORE - A Temasek-owned data centre provider based in Singapore plans to operate two new facilities in Tokyo, marking its first foray into the Japanese market.\nST Telemedia Global Data Centres ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/singapore-firms-expand-data-center-investments-overseas-as-demand-grows\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore firms expand data centre investments overseas as demand grows</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore firms expand data centre investments overseas as demand grows\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-07 20:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/singapore-firms-expand-data-center-investments-overseas-as-demand-grows><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE - A Temasek-owned data centre provider based in Singapore plans to operate two new facilities in Tokyo, marking its first foray into the Japanese market.\nST Telemedia Global Data Centres ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/singapore-firms-expand-data-center-investments-overseas-as-demand-grows\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"http://www.straitstimes.com/business/companies-markets/singapore-firms-expand-data-center-investments-overseas-as-demand-grows","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2173194131","content_text":"SINGAPORE - A Temasek-owned data centre provider based in Singapore plans to operate two new facilities in Tokyo, marking its first foray into the Japanese market.\nST Telemedia Global Data Centres will set up the complexes in Goodman Business Park, which is being developed in Inzai City in the Greater Tokyo area.\nGoodman Japan will develop the data centres and lease the buildings on a long-term basis to ST Telemedia. The first is expected to be ready in the second quarter of 2024.\nMr Nicholas Toh, ST Telemedia's chief executive for North-east Asia, said on Thursday (Oct 7): \"These new ... facilities are purpose-designed to meet the scalable capacity demands of ... customers looking for large-scale facilities to meet growing requirements.\"\nThe move comes amid a string of partnerships and acquisitions in data centres by Singapore firms and real estate investment trusts this year.\nA Fitch Ratings report on Monday (Oct 4) said \"demand for data centres will continue to grow amid digital transformation and cloud-based solutions\".\nLast month, SingTel announced the partial sale of its Australian telecoms tower portfolio for A$1.9 billion (S$1.88 billion) to fund its expansion plans, which include data centres.\nThe telco said it has formed partnerships with Thai power producer Gulf Energy and integrated telecom operator Telekomunikasi Indonesia to build and acquire data centres in those two countries.\nSingtel chief executive Yuen Kam Moon said the telco expects its data centre portfolio to grow \"well above\" $5 billion in assets under management across the region in the next three to five years.\nCapitaLand is also investing in data centres. In April, it acquired a facility in Shanghai for 3.66 billion yuan (S$757.7 million).\nThe company said its plans to grow into a global business capitalises on \"increasing global connectivity and demand for data which has accelerated amid Covid-19\".\nCapitaLand in July also announced its first data centre investment in India, where it will invest an estimated INR12 billion (S$216.6 million) to develop and operate phase one of a complex in Airoli, a growing data centre hub in Navi Mumbai, a planned city in the Konkan division of Maharashtra state.","news_type":1,"symbols_score_info":{"STI.SI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6122163,"gmtCreate":1633611336206,"gmtModify":1634719503193,"authorId":3581331692871918,"author":{"id":3581331692871918,"idStr":"3581331692871918","authorId":3581331692871918,"name":"beebeeyan","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":823832278,"type":1,"supId":0,"prevId":0,"content":"ok","text":"ok","html":"ok"}],"langContent":"CN"},{"id":823897522,"gmtCreate":1633609883717,"gmtModify":1633609883899,"author":{"id":"3582285682937778","authorId":"3582285682937778","name":"neoh","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582285682937778","authorIdStr":"3582285682937778"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/823897522","repostId":2173194131,"repostType":4,"repost":{"id":"2173194131","kind":"news","pubTimestamp":1633609417,"share":"https://ttm.financial/m/news/2173194131?lang=&edition=full","pubTime":"2021-10-07 20:23","market":"sg","language":"en","title":"Singapore firms expand data centre investments overseas as demand grows","url":"https://stock-news.laohu8.com/highlight/detail?id=2173194131","media":"The Straits Times","summary":"SINGAPORE - A Temasek-owned data centre provider based in Singapore plans to operate two new facilit","content":"<div>\n<p>SINGAPORE - A Temasek-owned data centre provider based in Singapore plans to operate two new facilities in Tokyo, marking its first foray into the Japanese market.\nST Telemedia Global Data Centres ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/singapore-firms-expand-data-center-investments-overseas-as-demand-grows\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore firms expand data centre investments overseas as demand grows</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore firms expand data centre investments overseas as demand grows\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-07 20:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/singapore-firms-expand-data-center-investments-overseas-as-demand-grows><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE - A Temasek-owned data centre provider based in Singapore plans to operate two new facilities in Tokyo, marking its first foray into the Japanese market.\nST Telemedia Global Data Centres ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/singapore-firms-expand-data-center-investments-overseas-as-demand-grows\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"http://www.straitstimes.com/business/companies-markets/singapore-firms-expand-data-center-investments-overseas-as-demand-grows","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2173194131","content_text":"SINGAPORE - A Temasek-owned data centre provider based in Singapore plans to operate two new facilities in Tokyo, marking its first foray into the Japanese market.\nST Telemedia Global Data Centres will set up the complexes in Goodman Business Park, which is being developed in Inzai City in the Greater Tokyo area.\nGoodman Japan will develop the data centres and lease the buildings on a long-term basis to ST Telemedia. The first is expected to be ready in the second quarter of 2024.\nMr Nicholas Toh, ST Telemedia's chief executive for North-east Asia, said on Thursday (Oct 7): \"These new ... facilities are purpose-designed to meet the scalable capacity demands of ... customers looking for large-scale facilities to meet growing requirements.\"\nThe move comes amid a string of partnerships and acquisitions in data centres by Singapore firms and real estate investment trusts this year.\nA Fitch Ratings report on Monday (Oct 4) said \"demand for data centres will continue to grow amid digital transformation and cloud-based solutions\".\nLast month, SingTel announced the partial sale of its Australian telecoms tower portfolio for A$1.9 billion (S$1.88 billion) to fund its expansion plans, which include data centres.\nThe telco said it has formed partnerships with Thai power producer Gulf Energy and integrated telecom operator Telekomunikasi Indonesia to build and acquire data centres in those two countries.\nSingtel chief executive Yuen Kam Moon said the telco expects its data centre portfolio to grow \"well above\" $5 billion in assets under management across the region in the next three to five years.\nCapitaLand is also investing in data centres. In April, it acquired a facility in Shanghai for 3.66 billion yuan (S$757.7 million).\nThe company said its plans to grow into a global business capitalises on \"increasing global connectivity and demand for data which has accelerated amid Covid-19\".\nCapitaLand in July also announced its first data centre investment in India, where it will invest an estimated INR12 billion (S$216.6 million) to develop and operate phase one of a complex in Airoli, a growing data centre hub in Navi Mumbai, a planned city in the Konkan division of Maharashtra state.","news_type":1,"symbols_score_info":{"STI.SI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6291623,"gmtCreate":1634915891840,"gmtModify":1634915891949,"authorId":3582285682937778,"author":{"id":3582285682937778,"idStr":"3582285682937778","authorId":3582285682937778,"name":"neoh","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":823897522,"type":1,"supId":6121943,"prevId":0,"content":"<u>thanks</u>","text":"<u>thanks</u>","html":"<u>thanks</u>"},{"id":6121943,"gmtCreate":1633609947525,"gmtModify":1634719518117,"authorId":3572176137415007,"author":{"id":3572176137415007,"idStr":"3572176137415007","authorId":3572176137415007,"name":"IAmThankful","avatar":"https://static.tigerbbs.com/70c6aad0b12d9421dbbed3a0b64ed057","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":823897522,"type":1,"supId":0,"prevId":0,"content":"[What]","text":"[What]","html":"[What]"},{"id":6121951,"gmtCreate":1633610000482,"gmtModify":1634719517464,"authorId":3582285682937778,"author":{"id":3582285682937778,"idStr":"3582285682937778","authorId":3582285682937778,"name":"neoh","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":823897522,"type":1,"supId":6121943,"prevId":0,"content":"<u>thanks</u>","text":"<u>thanks</u>","html":"<u>thanks</u>"},{"id":6122027,"gmtCreate":1633610423845,"gmtModify":1634719511892,"authorId":3577525278195004,"author":{"id":3577525278195004,"idStr":"3577525278195004","authorId":3577525278195004,"name":"DLiew","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":823897522,"type":1,"supId":0,"prevId":0,"content":"<u>Ok</u>","text":"<u>Ok</u>","html":"<u>Ok</u>"},{"id":6164193,"gmtCreate":1633963984624,"gmtModify":1634716026979,"authorId":3582285682937778,"author":{"id":3582285682937778,"idStr":"3582285682937778","authorId":3582285682937778,"name":"neoh","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":823897522,"type":1,"supId":0,"prevId":0,"content":"<u>thanks</u>","text":"<u>thanks</u>","html":"<u>thanks</u>"}],"langContent":"CN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":44,"commentSize":6,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.34.3","shortVersion":"4.34.3","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2173194131"}