REIT Data Centers
Data Centers REITs
Data centers are facilities that provide a secure and reliable environment for customers to house servers and data. Data centers offer a range of products and services to ensure that the environment is secure, including uninterruptible power supplies, air-cooled chillers and physical security.
As technology advances and becomes increasingly more prominent in everyday life, the need for secure and reliable data storage has skyrocketed. Data center REITs are a smart investment because they provide a service that is becoming more and more essential.
Data centers have been the best-performing sector of real estate throughout the pandemic. There is an increased demand for the services provided by data centers as corporations shift spending from physical office space to digital investments that will be beneficial during the remote work era.
Three large data center REITs are Equinix, Inc. (NASDAQ: EQIX), Digital Realty Trust, Inc. (NYSE: DLR) and CyrusOne, Inc. (NASDAQ: CONE).