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Companies eye Singapore for data centre storage, cloud leasing

The Business Times
WHEN it comes to big data, Singapore is going large. More companies are looking to lease existing buildings for data storage, and some tech companies are building their own facilities. With the announcement from Google and Facebook that they are setting up data centres here, this burgeoning new sector has been thrust into the limelight.

SPH Reit's Q4FY18 DPU edges up 0.7 per cent

The Business Times
SPH Reit declared a distribution per unit (DPU) of 1.43 Singapore cents for the fourth quarter ended Aug 31, 2018, 0.7 per cent higher from 1.42 Singapore cents a year ago.<br/><br/>Net property income fell 1.9 per cent to S$40.98 million as property operating expense rose at a faster pace than gross revenue. Gross revenue edged up 0.2 per cent to S$52.96 million on the back of higher rental income from The Clementi Mall and two months’ contribution from The Rail Mall, which was acquired in June this year.