AIMS APAC REIT (SGX:O5RU) is looking to turn its attention towards data center opportunities and become a player in the rising demand for digital infrastructure, according to a report by The Business Times on Monday.

The REIT's manager, AA REIT's CEO Russel Ng, revealed that the Australian government granted two of its sites in New South Wales as "potential data center developments", the report added.

Meanwhile, Ng predicted future development upside from Australia, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)