“Data center real estate is an extremely resilient sector and should continue to perform well through an economic downturn.”
Financier Worldwide hosted a discussion between Data Center thought leaders from CyrusOne, Vantage Data Centers, The Carlyle Group, Macquarie Group, and Greenberg Traurig.
Robert Jackson, Executive Vice President, and General Counsel at CyrusOne, shared his thoughts on the looming recession and Data Center M&A, saying that he feels data center real estate will remain consistent, even in a changing economy. He notes that data centers are the backbone of business today, and due to the increasing amount of computing power, there will continue to be a need for growing data centers.
Additionally, data centers will be needed in the growth of AI technology, as it requires large amounts of computing, power, and storage. As AI grows, so does the need for data centers.
Jackson notes the importance of recent investments into the vertical data center ecosystem, specifically on the supply chain side. Creative power solutions are increasingly valuable and necessary in these endeavors.
Looking forward, Jackson expects the data center industry to continue its remarkable growth journey. The growth will be driven by continued investments, changes in technology, and AI.
To read more about Robert Jackson’s thoughts on Data Center - Mergers and Acquisitions click here.
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