Chanticleer
Five ways big investors are betting on property
Blackstone, QIC, Macquarie and Charter Hall are looking outside the traditional property asset classes as they try to pick the next big things.
Robin Khuda, the chief executive of data centre giant AirTrunk, is no stranger to rapid growth; he started the business in 2015 and it is now said to be worth as much as $10 billion. But even he can’t quite believe how the artificial intelligence boom is changing his business.
A few years ago, a big deal could see AirTrunk sign up a client who needed five megawatts of capacity; each megawatt is worth between $15 million and $20 million.
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