According to a survey by Deloitte, third- party data centres are estimated to expand their capacity two to three times over the next few years; 54 percent of employees agree to work in a hybrid model. ​

After two waves of COVID-19, the spotlight in real estate has turned towards data centres. Eighty eight percent of respondents in a survey by the consulting company Deloitte indicated an expected increase in demand for real estate space for data centres.

There has been a surge in investments in building data centres with projects of around 10 million sq. ft. plotted to be developed across major cities, says the report titled Reality of Realty in the Post-COVID-19 World.

Fifty six percent of respondents believe there will be a significant growth in demand for new data centres, set to emerge as the fastest growing asset class in real estate. As many as 90 percent of the respondents said they saw an increased government focus on developing data centres. Third party data centres are estimated to grow almost two to three times in capacity over the next few years, the report said.

The report said as many as 60 percent of respondents suggested an increase in demand for commercial space to develop data centres.

https://www.moneycontrol.com/news/business/real-estate/data-centres-to-emerge-as-fastest-growing-asset-class-covid-19-waves-survey-7733441.html/amp