Data centre, logistics boom could further whet investor appetite
Investments in Apac industrial real estate climbed 50% in Jan to Nov 2021, and are expected to keep growing
Singapore
LOGISTICS assets and data centres in the Asia-Pacific (Apac) region are expected to become even more coveted by property investors next year amid increasing capital flows and optimism.
Real Capital Analytics (RCA) data showed that investments in the region's industrial real estate - for deals of at least US$10 million - amounted to US$44.59 billion this January to November, climbing about 50 per cent from the same period in 2020.
The latest tally was also an 83 per cent surge from the US$24.31 billion seen in the first 11 months of 2019, and has far exceeded annual volumes in the past decade.
Ralf Wessel, managing director of fund management at Singapore-based warehouse giant GLP, highlighted that rising inflation c…
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