A new piece of research by the Urban Land Institute and PwC says global investors are keen to pour more funds into the region, due to its economic strength and good demographics.
Regional asset owners are eager to invest more funds into data centre-focused funds. Several specialist managers are launching new vehicles to take advantage.
The sovereign wealth fund has committed several hundred million dollars to Gaw Capital’s first data centre investment platform, underscoring its appetite to enter new markets in Asia.
Investors want to invest in a part of the property sector directly benefiting from rising e-commerce and cloud computing. But finding assets is difficult, and prices are rising.
Pihana Pacific, an internet data centre provider, has raised $190 million in a second round of financing, with Goldman Sachs as the lead investor.