Driven by the increasing use of cloud computing and generative AI, global investment in data centres reached $36 billion in 2023. This was quickly followed by $22 billion of investment in the first five months of 2024.
The demand for hyperscale facilities is surging alongside the demand for traditional cloud services, with the Asia-Pacific projected to see approximately 80% growth in this area by 2028. Many major technology players have announced multibillion-dollar expansions in the Asia-Pacific – an Australia has emerged as a preferred location for these. Australia’s strategic position within the Asia-Pacific region, combined with its relatively stable government, presents ideal conditions for investors and developers.
This has created a significant opportunity for the Australian real estate sector to position itself to support the expansion of local and global investor interest in data centres.
With this in mind, the 2nd annual Data Centre Real Estate Summit will bring together Hyperscalers, Enterprise Data Centres and Colocation providers with (real estate & capital) investors, developers, sales & leasing specialists, capital markets and Government to discuss investment, planning, development, construction and design strategies to support the growth of Australia’s data centre market.
Join us to discover the latest trends, the developments shaping the sector and the challenges that the sector needs to overcome to meet demand and deliver the next generation of data centres.