- Equinix and GDS have recently acquired land but the minute increase in supply of 40MW would come on stream largely in 2027. Thus, the recent upsurge in positive rental reversion for colocation leases in Singapore should sustain into 2025 and 2026.
Singapore remains supply-constrained and the tight vacancy is expected to persist into 2025 and 2026.
- - Read this at SGinvestors.io -
- Only two of the companies, Equinix and GDS, have recently acquired land.
- Equinix’s nine-storey SG6 with capacity of 20MW is expected to commence operations in 1Q27.
- GDS acquired 21 Jalan Buroh, a three-storey warehouse with a nine-storey office block for S$113m in Oct 24. The redeveloped data centre is expected to be operational in 4Q26.
- Thus, the small increase in new supply would come on stream largely in 2027. The recent upsurge in positive rental reversion is expected to be sustained into 2025 and 2026.
SGP7 and SGP8 start contributing to Keppel DC REIT in 1H25.
- - Read this at SGinvestors.io -
Repositioning to focus on hyperscaler market.
- Read more at SGinvestors.io.
