APAC 2024 data centre investments to be fuelled by “insatiable demand”: analyst
By Abhinav SwamiTokyo, Singapore, Seoul and Sydney are the key investment destinations in the region.
The reliance on data centres for business, commerce and communication grows daily and the world’s largest real estate investors are increasing their investment – total transaction volume of Asia Pacific data centre asset sales was at US$1.1 billion last year, with strong investor interest and a rebound projected in 2024.
CBRE’s annual Global Data Centre Investor Survey examines how the sector is benefitting from greater investment, despite power constraints, supply chain delays, extended delivery timelines and high interest rates. The survey represents input from investors, developers, investment managers and operators – 24% are directly involved with colocation facilities.
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