RHB Research said it expects SimeProp’s earnings growth profile to change from 2026 to 2027 onwards.
PETALING JAYA: Sime Darby Property Bhd
(SimeProp) is poised to reap recurring income and also potentially enhance the value of its land bank in Elmina Business Park (EBP) from its second data centre expansion venture with Google-affiliated Pearl Computing Malaysia Sdn Bhd.
RHB Research said in a report: “We are upbeat about Google’s second investment for a data centre in EBP, which is larger in value and capacity than the first.”
