Data center investing means owning the specialized facilities that house computing and networking infrastructure, the physical backbone of the digital economy, leased to technology companies, cloud providers, and enterprises.
Log in to followThe sheet says: data center ABS, 5 year, investment grade rating, secured by long term leases to investment grade hyperscale tenants, target coupon in the mid 5s. Then underneath…
I've been comparing the two ways I can actually get at this as a passive holder. Listed REITs, where I can read the 10-K, and a non-traded private fund a broker sent me at 1.25% m…
Small county, mostly pasture and timber. The co-op lineman told my neighbor the transmission upgrade going in on the highway is for a data center campus somebody optioned last yea…
140 acres, a 345kV line crosses the northeast corner, and the parcel sits about 8 miles off an I-20 interchange. A developer's land team came in with an option: $250 per acre per…
I'm reading a fund deck for a stabilized 32MW facility in a secondary market. Going-in cap 6.1%, 15 year triple net lease to an investment grade cloud tenant, 2.5% fixed escalator…
Every article about this sector talks in billions and megawatts, and it ranks first for investment demand, so I assumed there was no entry point for someone with a few hundred dol…
A friend sent me a lease abstract for a colocation facility because he knows I read this stuff for fun, and almost none of it looks like the leases I'm used to. Rent is quoted per…
I've now read the phrase secured power about forty times in various writeups and every single one treats it as the thing that makes an asset valuable, which I believe. What I can'…