1、A PUBLICATION OF CUSHMAN&WAKEFIELDS ASIA PACIFIC DATA CENTRE GROUP(APAC DCG)Asia Pacific Data Centre Investment Landscape2025Updated 11 June 2025ASIA PACIFIC DATA CENTRE INVESTMENT LANDSCAPE222CONTENTS AustraliaChinese MainlandHong Kong,ChinaTaiwan,ChinaIndiaIndonesiaJapanSouth KoreaMalaysiaNew Zeal

2、andPhilippinesSingaporeThailandVietnamIncluded MarketsContentsIntroduction3Regional Capacity Growth4IndicatorsPopulation per Colo Megawatt5GDP and Regional Demand6U.S.Direct Investment into Asia Pacific7CapEx Requirements8Rent Revenue and Cap Rate Estimate9Yield on Cost10Final Thoughts on the Landsc

3、ape11Top 5 Rankings Across Indicators12Methodology&Definitions13ASIA PACIFIC DATA CENTRE INVESTMENT LANDSCAPE3CONTENTS AuthorPritesh SwamyHead of Research&Insights,Data Centre Group,Asia PacificThe Asia Pacific data centre market has rapidly evolved into one of the most dynamic and strategically sig

4、nificant asset classes in the global real estate investment landscape.Driven by the exponential growth of cloud computing,artificial intelligence(AI),and digital transformation across industries,demand for scalable,high-performance data infrastructure continues to surge.This momentum is reshaping in

5、vestor sentiment,positioning data centres not merely as operational infrastructure but as core investment-grade assets offering resilient income streams and long-term value creation.This report provides a comprehensive assessment of the Asia Pacific data centre investment landscape,with a focus on f

6、ourteen key markets.It evaluates critical financial indicators such as capitalisation rates(cap rates),yield on cost(YoC),development costs,and total return profiles,offering insights into both stabilised assets and development opportunities.Amid tightening power availability,rising construction cos