Sector Investment 8 Hours

Last updated: March 23, 2026, 10:30 AM ET

Infrastructure & Real Assets

The infrastructure deal flow remains active, highlighted by LS Power securing a $5bn gas regulatory sweetener as the sector prepares for the return of the Global Summit event. This activity comes as the U.S. market for new data center construction slows by 50 percent, contrasting with private efforts elsewhere, such as Quinbrook building an in-house Australian construction team to manage battery storage execution amid labor constraints. Meanwhile, in European real estate, Hines acquired four UK mid-box logistics assets for £60m through its core-plus HEPP fund, adding to its portfolio of similar UK properties.

Investment Strategy & Valuation

Firms are closely managing valuation risk in the current environment, exemplified by Igneo Infrastructure Partners disclosing quarterly valuations to avoid client surprises regarding portfolio depreciation. This focus on timely reporting contrasts with the general slowdown in U.S. data center expansion, suggesting a divergence in confidence between core infrastructure development and speculative tech-related real estate growth seen in the U.S. market.