data centres

The UK-based firm will fund the investment through one of its Asia real estate funds.

Colony Capital, which has pivoted to digital infrastructure after its 2019 acquisition of Digital Bridge, has several deals in Asia-Pacific in its pipeline.

GI Data Infrastructure Fund targets investments in data centres, telecommunication towers and fibre wiring.

The investment will be used to expand the firm's data centre businesses across APAC at a time when competition in the hyperscale sub-sector is fierce.

Sky-high valuations coupled with technology risk might seem to undermine the data centre fairy tale. But for the right assets, opportunities abound.

‘Emerging areas like data management’ could be classified as critical infrastructure, Australian federal treasurer Josh Frydenberg said during a speech on the rise of China.

Once fundraising kicks off, CGN’s private equity arm and the infra-focused investment firm will look to divest the portfolio of their first renewables vehicle, the 2015-vintage CGN Capital Partners Infrastructure Fund III.

Digital infrastructure is already mainstream and keeps growing in importance.

Digital infrastructure is a relatively new sector and is developing rapidly, with investment pouring into data centres, fibre and towers.