A surge of recent data centre deals is good news for institutional investors in APAC -- a region where the sector suffers from fragmentation and a shortage of supply.
The new vehicle, co-launched by Abu Dhabi’s sovereign wealth fund to unlock $100 billion for data centre and AI-infrastructure deals, offers a new allocation opportunity for institutional investors.
Seller discounts and overseas buyers are fueling a surge of investment in Korean real estate by a fifth this year, in stark contrast to shrinking allocations across the broader region.
High demand and low supply are challenging large investors across the sector, and with financing costs relatively high, some are pulling out of deals altogether.
The asset management model that has helped funnel more than $16 billion into US real estate may not recover from the latest losses as institutions shift to infrastructure and energy-related investments.
We talk to Mel Immergut, the global chairman of Milbank, Tweed, Hadley & McCloy LLP, about the firm's new Beijing office and the type of advice his clients investing in Asia are seeking.