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Real estate investors looking to the Moon for data center properties
CNBC Television· 2025-07-15 21:02
Let's turn to real estate, but not in your neighborhood or even on your planet. Money's now flowing into a new area of the market, lunar data centers. Diana Ol is here with me to break it down.Diana. Well, John, this sounds crazy, but it's actually real. Look, this is the next frontier both on the moon and here on Earth.I sat down with the global chief investment officer of Hines, a real estate investment and development firm. He likens it to the early days of the railroads when entire towns rose up around ...
Property Play: The real estate outer space play
CNBC Television· 2025-07-15 18:12
Meanwhile, data centers, as you heard at the beginning of the show, this is the hottest sector in real estate right now. They also literally run hot, consuming more energy than a lot of local grids can handle. So, seriously, what if you put them in outer space.I think we've heard Elon Musk talk about this, but Diana Olick is here to truly explain. Yeah, and I know, Kelly, it sounds nuts, right. It does.Look, but this is one of the next great plays in real estate, lunar construction and development of data c ...
Property Play: Companies plan for data center construction on the moon
CNBC Television· 2025-07-15 11:59
Data centers are the hottest real estate sector right now, but they also run hot, consuming more energy than a lot of local grids can handle. So, what if you put them in outer space. Diana Olick joins us right now to explain.This is for real. This is for real. I know it sounds nuts, Becky, but this is one of the next great plays in real estate, lunar construction and development of data centers.I sat down with the global chief investment officer of Hines, a real estate firm who is already investing in Space ...