Property News · December 3, 2019

China’s hi-tech industries are driving demand for internet data centre facilities, enticing private equity funds


China’s stride into fifth-generation mobile telecommunications technology and the booming e-commerce sector are elevating the value of internet data centres (IDCs), making them a viable investment for alternative asset managers.The trend is supported by the emergence of powerhouses such as Huawei Technologies and Tencent Holdings, whose growth is driving the construction of purpose-built IDC facilities to house high-powered servers, data storage systems and network support under one roof.“The…

Source : South China Morning Post
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