Digital Core-REIT eyes Asia-Pacific for growth

New frontier: A file photo of an Intel Gaudi3 AI accelerator. AI adoption is expected to lead to a sharp rise in the number of data centres in Asian countries. — Bloomberg

SINGAPORE: Digital Core-REIT, a data centre real estate investment trust (REIT) listed on the Singapore Exchange (SGX), has laid the groundwork for its expansion into the Asia-Pacific region.

The plans do not include Singapore at the moment, but the REIT’s chief executive John Stewart told The Straits Times in a recent interview that the republic is on his radar when the investment and financial conditions for data centres become more favourable here.