Data centre focused REIT debuts in Singapore, biggest in years
NTT DC REIT closed at its offer price of $1.0 per unit on the SGX, after opening at $1.02 and rising to as much as 1.03 after trading began at 2pm (0600GMT).

NTT DC REIT closed at its offer price of $1.0 per unit on the SGX, after opening at $1.02 and rising to as much as 1.03 after trading began at 2pm (0600GMT).
The government's plan to dole out tax breaks for tech investments in Brazil is set to be sent to Congress soon, a finance ministry adviser said last month. Latin America's largest economy is looking to establish a foothold in the fast-growing data center industry, pulling from its ample renewable energy.
The Windows maker has earmarked $80 billion in capital spending this fiscal year, with most of it aimed at expanding data centers to ease capacity bottlenecks for artificial-intelligence services.
The agency projects an accelerated addition of 300–350MW per year between FY26 and FY28, up from 150–250MW annually over FY22–FY25. The expansion is being driven by rising retail data consumption, public cloud demand, and the surge in AI workloads.
Micron Technology is shifting focus from products to market segments, prioritising data centres and AI-driven demand. Executive VP Sumit Sadana highlighted strong AI monetisation, rising inferencing workloads, and growth in memory needs across PCs, smartphones, and robotics. Backed by record earnings, Micron is also advancing its semiconductor facility in Gujarat.
India's AI revolution is transforming data centers into intelligent, high-performance environments, driven by the IndiaAI mission and increasing AI adoption across industries. This shift demands significant infrastructure upgrades, including advanced cooling solutions like liquid cooling, to support power-intensive AI workloads.
Anant Raj Ltd. will invest Rs 180 billion ($2.1 billion) in data centres, aiming for over 300 megawatts capacity by 2032. With rising demand for AI and data localisation in India, the Delhi-based firm expects data centres to contribute over 40% of revenues, up from 5% currently.
AI has created a new digital divide, fracturing the world between nations with the computing power for building cutting-edge AI systems and those without.
Big Tech has pledged to fight climate change and says it is striving to be sustainable in all aspects of its business.
This is the latest in a string of deals by Meta to meet the surging power demand of its data centers needed for artificial intelligence technologies using clean energy.
Jabil, a key Apple supplier, separately said on Tuesday it would invest $500 million in the U.S. over the next "several" years to support cloud and AI data center infrastructure customers.