Asia was late to the digital infrastructure party, but data centres are driving strong growth in the region. The big financial sponsors are already starting to take notice.

The last 18 months have looked more like a process of consolidation than rapid advance in the Asia-Pacific region. But the best deals of 2023 provide the foundations for a serious take-off in activity.

The data centre boom is moving to the next level with the advent of demand for AI. While liquidity is unlikely to be a problem, power and land constraints could be.