Malaysia's Sime Darby Property launches US$640 million sukuk to fund data centres, logistics assets
Malaysian property developer Sime Darby Property has launched a US$640 million sukuk (Islamic bond) to finance the construction of data centres and logistics assets. The move marks a strategic diversification beyond the company's traditional property development business, reflecting the growing demand for digital infrastructure financing in Southeast Asia. The sukuk issuance, reported by The Business Times on July 28, 2026, is part of a broader trend where real estate firms are pivoting to capitalize on the booming data centre and logistics sectors driven by cloud computing, e-commerce, and digitalization. The funding will support the group's expansion into high-growth asset classes, aligning with Malaysia's push to become a regional digital hub.
Editorial responsibility
- No named human review is recorded for this page.
- Reports are grouped by semantic similarity and deterministic rules. Language models may assist titles, summaries, translation and cross-source analysis; the page itself is projected from evidence records.
- Current automated evidence projection