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-0.000346970318266453 -0.000599312367914701 -0.00116708197962339 -0.00369050247610641 -0.00343816042645816 -0.00167176607892007 -0.00362741696369439 -0.00558306784846872
Stock impact report

Data center REIT CEO says real estate ‘not in an oversupply state' [CNBC]

Digital Realty Trust, Inc. (DLR) 
Last digital realty trust, inc. earnings: 2/13 04:50 pm Check Earnings Report
US:NYSE Investor Relations: investor.digitalrealty.com
Company Research Source: CNBC
Key Points JLL expects data center capacity to nearly double by 2030 driven by artificial intelligence. “You can't build it fast enough for the customers,” Power said. A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. As hyperscalers like Nvidia Amazon Google and Meta announce more and more data center projects, cries of a bubble have been growing. Some say the sector is already overbuilding for a market that is still in its infancy with many unknowns ahead. There are also concerns that the financing for some of these projects is risky. Andy Power, CEO of Digital Realty, the second-largest data center REIT in the world, says just the opposite. Power has been Show less Read more
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