What developments are shaping the real asset markets of tomorrow? Compass Impulse provides concise insights into current trends and key topics in infrastructure and real estate.
In Compass Impulse, Britta Roden, Head of Research Real Assets, analyses developments and investment themes across real asset markets with her team. The first three issues explore the role of district heating in the energy transition, the growing importance of data centres, and the characteristics of resilient infrastructure investments in a changing market environment.
Heating up the energy transition with district heating
While the debate on decarbonising the building sector often focuses on heat pumps, energy-efficient refurbishments and efficiency measures, another solution is gaining increasing attention: district heating. Unlike building-specific approaches, district heating relies on network infrastructure and enables the decarbonisation of entire neighbourhoods and cities rather than individual properties. This edition of Compass Impulse explains why district heating is playing an increasingly important role in the energy transition at the intersection of infrastructure and real estate.
Datacentres: Powering the AI era
While data centres are still often regarded as a specialised real estate segment, there are compelling reasons to adopt a broader perspective. Driven by digitalisation, cloud computing and the rapid expansion of artificial intelligence, data centres are increasingly becoming a critical infrastructure underpinning modern economies. This edition of Compass Impulse examines why data centres now sit at the intersection of infrastructure, energy supply and digitalisation.
Core and Core+ infrastructure for more resilient portfolios
While Core and Core+ infrastructure are often regarded as stable building blocks of institutional portfolios, formal classification alone reveals little about the actual risks of an investment. In an environment characterised by higher interest rates, geopolitical uncertainty and ongoing investment needs, resilient cash flows and robust business models are becoming increasingly important. This edition of Compass Impulse explores the factors that truly matter when evaluating Core and Core+ infrastructure investments.
