NewsBite

Zoom! Pandemic ramps demand for data centre land, Sydney leads way

Martin Kelly

Teenagers in darkened gaming rooms and adults in far-flung meeting rooms were two primary drivers of the pandemic-created boom in internet use last year, which in turn was a significant factor in the doubling of data centre net absorption rates through Asia-Pacific during the year.

Sydney and Singapore recorded the strongest demand increases, which primarily came from hyperscale cloud providers scrambling to keep up with their customers, says the latest Data Centre Trends report from CBRE.

Loading...
Martin Kelly is a property reporter based in Sydney covering all aspects of commercial and residential real estate including major deals, market trends and developments. Email Martin at martinkelly@afr.com

Read More

Latest In Commercial

Fetching latest articles

Most Viewed In Property

    Original URL: https://www.afr.com/property/commercial/zoom-pandemic-ramps-demand-for-data-centre-land-sydney-leads-way-20210329-p57ew2