A game-changer for Fiji's commercial property market, Google’s FJ$200 million (NZ$ 152.6 million) data centre investment is set to create 3,600 jobs, according to the Fijian Government[i], marking a major boost to the nation’s economy and real estate sector.

According to a statement from the Telecommunications Authority of Fiji posted on LinkedIn, “With Google’s recent approval to establish a data centre in the country, we’re on the brink of a digital transformation that promises to drive economic growth, create jobs, and advance technology. This strategic move positions Fiji as a digital hub in the Pacific, improving global connectivity and infrastructure.”

Ms Shyamlee Raju, Managing Director of Raine & Horne Fiji, believes this initiative will significantly impact Fiji’s commercial real estate markets.

“Business confidence is expected to rise, which will positively influence demand for commercial properties, especially in Suva (the capital) and Nadi (the tourism hub).

“This is because international businesses will likely see the data centre as a sign that Fiji is improving its digital and infrastructural capabilities, making it more attractive for both business operations and investment.

Shyamlee added, “Already, the commercial property sector has recorded positive growth, supported by business startups and a rise in demand for rental spaces, particularly in Suva.”

In addition to the Google announcement, other key infrastructure improvements, such as a renewed focus on road infrastructure, will support demand for commercial real estate in Fiji.

“Fiji Roads have been working on improving road links, while resort developments are steadily improving with new resorts underway, while new ownership of Beachcomber Island will have a major impact,” Shyamlee commented.

Beachcomber Island Resort is set to undergo a FJ$10 million (NZ$ 7.63 m) transformation following its acquisition by Vision Hotels, led by Australians Mark and Brendon Deeley[ii].

Fiji Airports has also initiated a transformative partnership with COX Architecture[iii] to design the landside master plan for Nadi and Nausori Airports.

“This project aligns with the 2024–2048 Nadi Airport airside master plan and marks a significant milestone in redefining Fiji’s aviation landscape,” Shyamlee said.

“Overall, I’m optimistic about 2025, with a 2-4% growth forecast across most regions of Fiji, particularly commercial developments.

For all your commercial sales and leasing needs, contact your local Raine & Horne Commercial offices.

[i] https://www.parliament.gov.fj/wp-content/uploads/2023/12/Daily-Hansard-Tuesday-21st-November-2023.pdf

[ii] https://travelweekly.com.au/article/fijis-beachcomber-island-resort-set-for-6-8m-transformation-after-deeley-brothers-acquisition/#:~:text=Fiji's%20Beachcomber%20Island%20Resort%20is,Australians%20Mark%20and%20Brendon%20Deeley.

[iii] https://www.aci-asiapac.aero/media-centre/news/fiji-airports-rolls-out-development-plans-for-nadi-and-nausori-airports