
Keppel T&T capitalizes on rising logistics and data centre demand
Keppel Telecommunications & Transportation will turn up development and acquisition in these two high-growth sectors.
Commenting on the prospects of the group in its newly released 2Q12 financial results, KT&T said it expects to maintain high warehouse occupancy rates and experience steady demand for its logistics services in China and Southeast Asia. The Group said it is evaluating new development opportunities to expand its logistics business.
The Group added that the demand for space for its data centres is strong. During the quarter, the data centre fund acquired an asset in Malaysia, and "the fund will continue its efforts to grow through further acquisitions."