[Finterest] Want to invest in data centers? Watch out for PLDT’s VITRO REIT
AI Summary
Investors eyeing data centers should keep an eye on PLDT’s VITRO REIT, which plans to raise up to P24.2 billion. This move aims to provide a significant cash boost to PLDT to help reduce its substantial debt. With the increasing demand for data centers due to the rise in digital services, this investment could prove lucrative and marks a strategic pivot for PLDT in the evolving tech landscape.
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