-
Posted by
Two Blokes May 22 -
Filed in
Stock
-
5 views
Data centers are expected to deliver meaningful rent and GAV growth, with Phase I and II developments set to significantly increase their portfolio share by 2030. There is a 20% upside on the GAV discount, but it's not fantastic on its own. More broadly attractive is the likely cost of capital beating returns on development investments. Much of the new data center capacity is already pre-let, supporting confidence in future topline growth as these assets come online and start generating rents.
