The use of artificial intelligence, along with cloud computing, will double demand for new data centres, with an extra 175 new facilities needed by 2030, according to an industry report.
Adding to that demand is the increasing connectivity of Australians. The number of devices in each household connected to the internet is expected to double by 2030, according to a wide-ranging JLL report on economic drivers for commercial real estate.
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Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com