Two extremely interesting dividend REITs. Are they worth it?
Did you think REITs were just about renting out buildings and different spaces? Then you are mistaken. There are a lot of REITs out there, and some of them do some really interesting things. Like these two representatives from the data center REIT sector!
Data center REITs specialize in investing in the ownership and operation of data centers. Data center REITs buy, lease and operate large-scale data storage and processing complexes such as server rooms, backup centers, hybrid cloud centers and micro edge data centers. They provide their space and services to technology companies, cloud service providers, telecommunications carriers and other corporate customers to house their data and network systems.
Concentration on technology companies and cloud providers as customers. Demand for data centers is highly correlated with the growth of the cloud computing and machine learning industry. High capital intensity to build and…