ESR-REIT property at 7000 Ang Mo Kio Avenue 5. (Photo: Google Maps)

ESR-REIT is in talks with a potential data centre tenant that could significantly transform 7000 Ang Mo Kio Avenue 5.

However, this ambition is in limbo for now pending the lifting of a Singapore government moratorium on new data centres, clarified the REIT.

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By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.