NTT DC Reit’s IPo should have been a shot in hand Singapor’s Market market marketing, analysts of analyst as “Lacluster” due to lack of growth stocks and a tiny number of entries. NTT’s IPO had everything: it was covered, a sovereign wealth fund of the GIC was praised as the cornerstone of the investor and was related to the Buzza sector Data Center.
However, the shares of NTT DC Reita have made bad ones from their trading debuting on Monday, fall below the $ 1 bid.
The Benchmark Hang Seng Index Hong Kong has so far grew by almost 25%, while Singapur’s Tractits Times index rose only 9%.
“Singapore is a lack of growth oriented, technical representation in the SLA has led to the description of Seng. This led to the descriptions of the market,” Thilan Vickramasinghe, Singapore Head of Research on Maibank Investment Banking Group, says.
Singapore only had three IPOs so far This year, including 14. July listing from NTT DC Reit, whose actions have begun trading on Monday. Hong Kong, in comparison, had more than 40 iPos.
NTT DC Reit, supported by Japanese telecommunications Giant Nippon Telegraph and Phone, raised $ 773 million in their IPO, making the largest list of Singapore in eight years. Comparison, the largest IPO Hong Kong this year was a battery giant Catl’s secondary list At the end of May, who raised at least $ 4 billion.
NTT DC Reit IPOs should have provided the investors a way to enter the AI fuel request for data centers and give Singapore capital market many necessary incentives. Instead, it can end up showing how much time should be done.
LTT DC REIT
The NTT DC REIT consists of six data centers. Four are based in the United States, with one in Northern Virginia – the largest in the world data market in Data and three in Northern California. One data center is in Vienna, a quickly growing data market. The last one is in Singapore, the second largest market of data in Asia-Quiet after China.
Data centers are key to boot and applications. These specialized data centers provide computer and digital capacity for storage data required for training all more complex and applications. And applications, such as large language models, rely on mass amounts of training and work data.
Singapore has long been a regional hub data center due to its infrastructure, lack of natural disasters and its position as a key node for underground cables.
Generative AI requires huge amounts of computer power, both training and conclusion, which in turn caused the flourishing in investing data. NTT hopes to catch the need for the capacity of the data center, using revenue from its intake to continue the growing business of data. The company plans to develop over 850mV capacities through America, Europe, Middle East, Africa and Asia.
The NTT estimates that the total annual cloud and and growth income per complex annual growth rate of about 23% between 2024. And 2027. years, which launched AI-LED demand.
Asia-Pacific has attracted $ 15.5 billion in investing a given center, more than any other region in the world toward to the consultation of real estate Vitez Frank.
Consulting expenses for the forecast on global capital expenditures to exceed $ 286 billion to 2027… Because operators react to the installation demand for AI-optimized infrastructure, cloud services and digital company initiatives.
Singapore Capital
Doug Adams, General Manager for NTT Global Data Centers, explained that the company selected Singapore because of its appreciation for data centers.
“Singapore market is a large data market on Data in general, and we believe the best market in the world for data,” Adams said in an interview Monday, said Monday. “In Singapore, prices are a global set of property and seek drunk assets over time, which is what we ask to achieve for our portfolio.”
GIC, Singapore wealth fund Singapore, is one of the IPO investors the cornerstone. The GIC has a 9.8% stake in NTT DC Reit, which makes it another largest investor after NTT.
Singapore is trying to raise wealth of its stock exchange, including 20% tax rebate for primary lists.
The country’s Bero market often crits as boring or illiquid, with sectors such as property, conglomerate and three large local banks dominated by SGKS. Bad liquidity weakens the sense of investors, which then leads to lower estimates or even fewer entries.
While the exchange of Singapore, Hong Kong is an increase, which VICKRAMASINGHE loans for “Deepseek Moment” and Beijing’s stance.
Lorraine Tan, capital investigator for Asia in Morningstar, is noted by Hong Kong, making the market “relatively cheap in assessment”, it could be a consequence of Chinese regulators who give land companies to live in Hong Kong.
The recent IPOS blockbuster in Hong Kong include Maker for Midea Group, Group Home Appliances, and the FVD insurer. Other giants love Chery Cheri, Ai Startup Minimax, Malaysian Air Force Creative and Fast Fashion Platform Shein Supposedly considering Hong Kong Ipos.
Hong Kong is now set to be a world top IPO destination this year, according to S & P data on the global market.
However, Vickramasinghe is optimistic that Singapore Policy Reforms should help the market “Prolifi is a lack of image.”
“The recent list of NTT DC Reit is the early signal of the listing lists. We expect this momentum to speed up in H2,” Vickramasinghe says.
