$CapLand Ascendas REIT (A17U.SG)$ Singapore Telecommunicatio...
Singapore Telecommunications , a tenant at CapitaLand Ascendas REIT contributing 3.4% of its gross rental income, may not renew its tenancies at Telepark and Kim Chuan Telecommunications Complex.
Singtel has announced that it plans to consolidate its data cenre operations of its five older properties into its its next generation AI data centre in Tuas, which could be ready as soon as 1Q2026
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Huat Huat la : Mean bad news bro?
Stock Watch OP Huat Huat la : not a good news for A17U
Stock Watch OP Huat Huat la : but if only Singtel not going to renew in 2025
snoopy123 : maybe they will keep Kim Chuan as a failover site for disaster recovery?![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Stock Watch OP snoopy123 : I don't think so.... cos Singtel is building a new huge high tech data centre
snoopy123 Stock Watch OP : oh.. I thought if they need to have power redundancy for failover (key infrastructure), then may consider different locations (power grid considerations) rather than putting all their eggs in one basket.. but anyway, they are free to do (design) what they want...
snoopy123 snoopy123 : in any case I think data center space is scarce (limited) resource so shouldnt be a big problem for CLAR..
Stock Watch OP snoopy123 : agreed..
dookiro : But Singtel price seemed to be dropping and this A17U is increasing instead…
KopiOkosong86 : @Stock Watch fishing ?
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