Analysts expect strong investor interest in PLDT Inc.'s plan to list its data center business, VITRO Inc., as a Real Estate Investment Trust (REIT). The move is seen as strategic for unlocking value, raising funds, and offering new investment opportunities in digital infrastructure, especially with amended REIT rules and growing demand for data centers driven by digital transformation and AI. This initiative is anticipated to diversify the Philippine equity market and strengthen the country’s position as a digital hub in ASEAN.
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PLDT’s data center REIT plan seen to attract strong interest
Analysts expect strong investor interest in PLDT Inc.'s plan to list its data center business, VITRO Inc., as a Real Estate Investment Trust (REIT). The move is seen as strategic for unlocking value, raising funds, and offering new investment opportunities in digital infrastructure, especially with amended REIT rules and growing demand for data centers driven by digital transformation and AI. This initiative is anticipated to diversify the Philippine equity market and strengthen the country’s position as a digital hub in ASEAN.