Infrastructure Quarterly: Q2 2025

This report was produced by CBRE IM, a member of IPFA. 

Although the start of 2025 saw rollercoaster market volatility and tense global trade dynamics, infrastructure markets demonstrated resilience and adaptability. The rise in capital inflows and doubling of greenfield deal activity in data centers and renewable energy speaks to the market demand for infrastructure despite pending tariffs and policy uncertainty. From the surge in AI-driven data centers to the structural uptake in clean energy deployment, investors are navigating a complex, but opportunity-rich environment.

In this edition of the Infrastructure Quarterly, we speak with a global forecasting firm Oxford Economics about the potential impact of an escalating tariff war on global trade and the transport segments at risk.