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AI investment wave driving money into data centre deals in Asia-Pacific

Japan is top market for investors, with Malaysia fast gaining more interest

Samuel Oh

Samuel Oh

Published Tue, May 28, 2024 · 05:00 AM
    • More than 50 per cent of data centre development activity in the region is found in China, Japan and India, says Colliers.
    • More than 50 per cent of data centre development activity in the region is found in China, Japan and India, says Colliers. PHOTO: PIXABAY

    A FRESH wave of AI-directed investments is driving money into data centre real estate in the Asia-Pacific, with most markets seeing record levels of construction activity and strong deal flow.

    In the first quarter of 2024, acquisitions of Asia-Pacific data centre assets totalled more than US$1.6 billion, surpassing investment volumes recorded in both the first and second halves of 2023, according to MSCI’s Asia Pacific Capital Trends report.

    “There was a mix of both individual property sales and platform-level deals, with assets across six different markets changing hands,” the MSCI report said.

    Data centresArtificial IntelligenceCloud computingProperty investment

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