Macquarie Infrastructure Partners (MIP) told Financial Standard on Friday that it sees COVID-19 as an accelerator of data growth trends that were already in place, pre-pandemic.
“I think investors have recognized that digital infrastructure is a key component of a diversified infrastructure portfolio,” said Karl Kuchel, CEO of MIP, Macquarie Infrastructure and Real Assets.”It's now being accepted by a large group of infrastructure investors as providing diversification benefits and potentially a higher growth outlook.”
He added: “It makes sense to have that sort of exposure in a general infrastructure portfolio.”
Digital infrastructure has been holding strong amid the pandemic, as distance learning and remote work becomes more commonplace. Wi-Fi capacity has been stressed by an 80 percent increase in PC uploads to cloud computing platforms, with additional peaks from video conference calls, according to a July