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Global Investors Bet on Continued Data Center Growth
The strong appetite for data, fueled by continued growth in cloud computing and social media along with emergence of new technologies such as 5G and autonomous vehicles, is driving increased investor interest in data centers, according to a new CBRE survey.
Ninety-five percent of survey respondents, including many of the world’s largest institutional real estate investors, plan to increase their capital deployment in the global data center sector in 2022. Capital allocations continue to expand, with more than three-quarters of investors allocating more than $100 million of equity to the global data center sector for 2022 and nearly half allocating more than $300 million.
“Data centers is a high-growth real estate sector with extremely positive fundamentals,“ said Kristina Metzger, leader of data center capital markets for CBRE in North America. “Investors are flocking to data centers because of the stability they provide as mission-critical infrastructure hubs for global business.“
