New property developments add resiliency to industry in face of Covid-19

JSE-listed diversified real estate investment trust (Reit) Redefine Properties says accelerating trends like e-commerce and data centres are adding resiliency to industrial property against the backdrop of the Covid-19 pandemic.  The company points out that, as people’s daily lives move online, the data centre is fast becoming a key asset for service providers, and that demand for data centre space continues to grow in step with technology, which has touched every aspect of modern life and business.

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