The United States hosts most of the world’s data centers, with more than 2,800. Statistically, the next closest country is the UK, with less than 400. Data center map.
Data centers are the physical backbone of the Internet infrastructure, supporting cloud computing capabilities and artificial intelligence.
Land values where data centers are planned are soaring, with one site in Vint Hills, Virginia, worth 10 times its original price.
Pat Lynch, executive managing director of digital infrastructure business at commercial real estate brokerage CBRE, told CNBC that demand was already strong, but it has surged recently due to developments in digitization and artificial intelligence.
Private equity firms have taken notice.
Nadeem Meghji, global co-head of Blackstone Real Estate, said: “What’s interesting is that when we look at the global business today, not just in real estate but across the company, we view data centers as the most exciting assets. category.quack in the street” in May.
Landowners are now seeing their properties soar in value due to their location relative to grid access points.
“We do see that land becomes more valuable when it’s on the right power lines for data center needs,” said Rachel Wacker, executive director of the Greater Dallas County Development Alliance. “Again, I The experience with working with data centers is that they do take that seriously and are really engaged in negotiations to get that land. ”
watch video See above to learn more about how data centers are becoming a multi-billion dollar real estate market.
