HONG KONG -- Asian real estate investors are turning to rapidly expanding data centers as alternative investments amid a region-wide property slump.
Nearly half of property investors in the Asia-Pacific region are active or plan to be active in data centers this year, according to a recent real estate industry survey by U.S. think tank Urban Land Institute and PwC. They are now more bullish about their prospects than other niche property types, such as shared offices and student housing, according to the survey.
