AI infrastructure<\/a>, and the underlying energy requirements needed to support it, are now “the single largest theme at Brookfield today, bar none.”<\/p>\nThe firm, which invests across real estate, infrastructure, renewables and private markets, has a multi-gigawatt portfolio of data centers globally, with a growing pipeline of sites both under construction and in development. <\/p>\n
It also co-owns and manages Canary Wharf, alongside the Qatar Investment Authority, via the Canary Wharf Group property company.<\/p>\n
“We think there is a huge opportunity for AI in the U.K. and Europe because it is that middle ground between the United States and China. The U.K. does not have a home-grown\u00a0hyperscaler, so the creation of AI infrastructure and the driving of productivity from AI is going to have different dynamics here \u2014 it’s probably going to be driven more by governments than by\u00a0the\u00a0hyperscalers.”<\/p>\n
Brookfield launched a dedicated AI infrastructure fund anchored by Nvidia in November last year, and has also agreed dedicated AI partnerships with governments in France and Sweden.<\/p>\n
Teskey also shrugged off concerns about an AI data center bubble. <\/p>\n
“If you build data\u00a0centers\u00a0against long-term contracts with the best counterparties in the world,\u00a0we think there’s more to be done. We’re going to bring data\u00a0centers\u00a0here to Canary Wharf.\u00a0They’re going in\u00a0everywhere.” <\/p>\n
He said three key trends \u2014 soaring energy demand, greater digitalization, and the rewiring of global supply chains \u2014 now dominate the investment landscape and are creating an “immense need” for capital.<\/p>\n
“[With] that combination of increased energy [and] the productivity benefits of AI on a global basis, we’re looking at a productivity step up that makes investment incredibly attractive,” Teskey added<\/p>\n
Teskey conceded that there are pockets of froth within the current market, adding that the prevailing environment calls for increased investment discipline. <\/p>\n
“But it’s not a reason not to be excited about those big trends,” he said.<\/p>\n
Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Brookfield Asset Management wants to bring data centers to London’s Canary Wharf, the financial district often dubbed the…\n","protected":false},"author":2,"featured_media":75120,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[26],"tags":[34062,34065,1498,34064,34063,27,4970,3051],"class_list":["post-75119","post","type-post","status-publish","format-standard","has-post-thumbnail","category-london","tag-alternative-investing","tag-brookfield-asset-management-ltd","tag-business-news","tag-connor-teskey","tag-exclusive-badge","tag-london","tag-nvidia-corp","tag-real-estate"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@UnitedKingdom\/116850909777071392","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/75119","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/comments?post=75119"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/75119\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media\/75120"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media?parent=75119"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/categories?post=75119"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/tags?post=75119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![\"Brookfield](\"https:\/\/www.europesays.com\/britain\/wp-content\/uploads\/2026\/07\/108329759-17829801701782980167-46905102190-1080pnbcnews.jpg\")
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