Asian investors grow desperate for data centres

Data centres, a relatively niche investment just not so long ago, have become so popular – and expensive – that Asian investors are struggling to find available assets. The impact of Covid-19 has accelerated an ongoing boom in e-commerce plus cloud and related technology, both of which rely on data centres to function. Global data centre traffic more than quadrupled between 2015 and 2020, according to the International Energy Agency, and the need of swathes of the global workforce…