End-user demand for Asia Pacific data centers remained robust in first half 2020, supported by the adoption of Big Data, Industry 4.0, Internet of Things, 5G and cloud computing, reported CBRE.
The surge in data storage and processing requirements resulting from increased levels of remote working during the COVID-19 pandemic also has generated significant requirements for additional data center capacity.
Investment demand has strengthened this year as economic and property market volatility caused by the spread of COVID-19 has prompted buyers to seek assets providing stable income streams.
The report by CBRE provides an update on demand, pricing, supply and capacity in Asia Pacific tier 1 and tier 2 data center markets and summarizes other key trends. To read the full report, click here.
