Report | Creating Resilience
Asia Pacific Data Centre Trends H2 2021
April 12, 2022 10 Minute Read
- New data centre supply in the four tier I Asia Pacific markets (Greater Tokyo, Sydney, Singapore and Hong Kong SAR) totalled 305MW in H2 2021. This marked the highest total for a six-month period since CBRE’s records began.
- The record volume of new supply pushed up net absorption in the four Asia Pacific tier I markets to over 280MW in H2 2021. Hyperscale cloud providers remained the main demand driver, with many groups exhibiting requirements for bigger facility sizes and multiple-site deployments.
- Asia Pacific direct data centre investment turnover totalled US$4.8 billion in 2021, an increase of over 100% from the previous year. Data centre operators completed several acquisitions; capital-raising remained strong; and more investors are setting up operational platforms.
- Large populations of internet users, solid economic growth, government support for industry 4.0 and 5G development continue to drive interest in data centre development in emerging Southeast Asia, with Indonesia and Malaysia the largest markets at present.