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Outsized Advantage in Data Center Market for Amazon as it Enters Incheon

2023. 03. 27 · Byungki Koh
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Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.

The data center market is growing explosively, and the proportion of data centers in the commercial real estate investment market is also increasing. According to MSCI, data center transactions in North America last year were calculated at USD 9 billion, up 9.7% from the previous year (USD 8.2 billion). The amount has tripled in the past two years, since 2021. Considering that the global commercial real estate investment market shrank significantly last year in the aftermath of interest rate hikes, there seems to be outsized interest in data centers. In Korea, data center investment is also increasing. Kim Ki-hoon, managing director of the CBRE data center division, in his forecast […]

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