Adia’s China data centre deal sets stage for sector push

Abu Dhabi Investment Authority (Adia) has just become the biggest allocator to a new platform for investing into China's fast growing data centre sector, and it plans to add more such assets both in Asia and globally, an executive familiar with the institution told AsianInvestor. The sovereign wealth fund committed several hundred million dollars of the $1.3 billion that Hong Kong-based Gaw Capital has raised for the strategy, the source said on condition of anonymity. Neither A…