Strategic Expansion in the Resilient Data Centre Segment slide image

Strategic Expansion in the Resilient Data Centre Segment

1 Strategic Expansion in the Resilient Data Centre Segment mapletree industrial Increase exposure to a resilient asset class with growth opportunities Global Insourced and Outsourced Data Centre Space¹ Net operational sq ft (million) 2018-2024F CAGR: 2.2% 1,058 1,075 1,089 1,103 1,116 1,127 987 284 313 341 370 401 431 250 The COVID-19 pandemic has brought about favourable tailwinds for the data centre segment Cloud providers have reported strong demand for data centre space during the pandemic ■ Preference to lease data centre space to quickly meet customers' requirements Global revenue for cloud computing is expected to grow at a compounded annual growth rate ("CAGR") of 14% from 2018 to 2024F1 Pandemic expected to accelerate this growth 7 737 774 762 748 733 715 696 2018 2019 2020F 2021F 2022F 2023F 2024F Insourced ■Outsourced 1 Strong leasing demand for data centre space from content, social media, e-payment, software-as-a-service and other information technology firms during the pandemic × Data centres were identified as essential infrastructure in North America during the pandemic and had remained open during the lockdown period Source: 451 Research LLC., 1Q2020. Insourced data centre space refers to enterprise-used data centre space. Outsourced data centre space comprises leased and cloud provider-owned data centre space.
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