Data Center Reits
Bullish on the sector, would like to understand it a little more. I’ve been browsing some articles on seeking alpha but would really appreciate it if someone could point me in a good direction for some reading materials.
[{"id": "f95rvey", "text": "[Here's a great primer](https://www.google.com/url?sa=t&amp;source=web&amp;rct=j&amp;url=https://www.cre.org/wp-content/uploads/2018/08/Real-Estate-Issues-Investor-Primer-US-Data-Center-Market-The-Counselors-of-Real-Estate-1.pdf&amp;ved=2ahUKEwjk_cSEuJLmAhU4CTQIHTVCCv0QFjAAegQIBRAB&amp;usg=AOvVaw2sHYJZcWkjaEhTCWgwsoMZ) from the Counselors of Real Estate, giving a general overview of the data center market and its demand and supply drivers. Once you've internalized that, [JLL offers great research papers](https://www.us.jll.com/en/trends-and-insights/research/united-states-data-center-outlook-h1-2019) covering quarterly or periodic industry highlights. You'll want to draw info from a variety of sources, but this definitely helps me keep updated. Hope this helps!", "replies": [{"id": "f96gnm0", "text": "Exactly what I was looking for", "replies": [], "depth": 2}, {"id": "f9k3z9u", "text": "Just got through the primer, unbelievable resource. Curious as to why the vacancy rates are as high as they are", "replies": [{"id": "f9khotj", "text": "Glad I could help. I'm curious about that as well, and it's interesting to note that for data centers, vacancy and capacity is calculated by megawatt, rather than square footage, since customers aren't technically renting physical space. It's possible that vacancies in the data center world are less costly than vacancies in traditional real estate, since it's driven by power capacity and not physical size, but I wouldn't know for sure.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "f95v8al", "text": "Annual reports, NAREIT?", "replies": [{"id": "f96gpdv", "text": "What annual reports?\n\nNAREIT  is a good idea", "replies": [], "depth": 2}], "depth": 1}]