Mapletree Industrial Trust acquiring new data centres. Thoughts?

Hi Anon,

I'm personally not invested in Mapletree Industrial Trust right now, but I used to be invested in it in 2019 and I bought it again during the covid crash. As a tech person, I find myself gravitating towards tech-related stocks, and from my understanding there are only 2 REITs in Singapore that offers exposure to data centres, which is Mapletree Industrial Trust and Keppel DC. As the world gets increasingly digitalised, global data consumption is increasing by leaps and bounds and it is certain that data centres will stand to benefit. As such, my placeholder conclusion would be that Mapletree Industrial Trust acquiring new data centres would be a catalyst for its share price, given its relatively lacklustre action since the start of the year. Still, I'm not going to buy it due to the low trading activity on our local exchange. If you're interested in data centres, you can consider US-listed stocks like Nvidia :)

Cheers!