Cushman & Wakefield: APAC data center development pipeline hits record 26.5 GW in H1 2026
CWK•Southeast Asia and Seoul remain focal points
Southeast Asia held about 50% of under-construction capacity; Malaysia led at 1,039 MW, followed by Thailand at 859 MW.
Power constraints shifted hyperscale expansion beyond traditional hubs; Seoul vacancy tightened to 1.1% as AI and cloud demand rose.
APAC data center pipeline reaches record level
Cushman & Wakefield flagged APAC’s data center development pipeline at a record 26.5 GW in H1 2026, up 7.1 GW in six months.
- Under-construction capacity totaled 4.8 GW.
- Planned capacity reached 21.7 GW.
- 1.4 GW of new operational capacity was delivered.
Vacancy tightens as demand keeps pace with supply
Colocation vacancy fell to 10.3% from 10.9%, signaling demand kept pace despite heavy supply additions.
