Data centers take center stage: Surging data consumption and a global search for attractive investment returns have brought the sector to the forefront
Big data keeps getting bigger. And faster. And more valuable. Consider that 90 percent of all data was created in the past two years; then try to imagine that, by 2025, worldwide data is expected to hit 175 zettabytes. To put that in perspective, if you were to store 175 zettabytes on DVDs, your stack would be long enough to circle Earth 222 times. Processing, housing, streaming and securing all that data has given rise to the evolving modern data center. The elements that appeal most to investors today include:Unprecedented, sustainable growth in global data requirements that is driving demand for quality data center space. Limited supply of data centers able to keep pace with exponential data growth from developments in outsourcing, cloud adoption and emerging technologies. Longer leases with creditworthy tenants.
The global pandemic accelerated many real estate market trends that have been developing incrementally in recent years. Arg