China Data Centers_ Revisiting the DC into REITs Thesis; Bull Case In Sight
Car Care & Cleaning·2025-02-13 06:50
February 10, 2025 01:54 PM GMT China Data Centers | Asia Pacific Revisiting the DC into REITs Thesis; Bull Case In Sight We continue to like China IDCs. Despite the rally, we still see big upside ahead as REITs issuance plays out. High leverage is a double edge sword, magnifying fundamental changes. We are in a demand upcycle and interest rate downcycle. Data center injections into REITs: since our note on this trend (see here), we have observed fast developments on this front in the past three months: We h ...