The increased interest in data centers is setting the stage for these facilities to become crucial real estate assets. The growth of AI is driving the demand for supporting infrastructure, leading to a race to build, manage, or acquire such properties.
Key takeaways:
- At least two Singapore-listed REITs have increased their stakes in data centers over the past year, indicating a growing interest in tech-related property assets.
- Japan's data centers are a hot target for Singapore's real estate investment trusts, with asset managers raising exposure to information technology infrastructure.
- The growth of AI applications across the region is driving demand for data centers, which are becoming crucial assets in real estate.
- This trend is expected to set the tone for more property investors in Asia to invest in data centers and other tech-related properties.