As data center demand continues to surge, two real estate investment trusts are well positioned to benefit, according to Moody's Ratings. The demand is being driven by the massive computing needs of artificial intelligence and cryptocurrency, as well as by large tenants like cloud service providers and social media companies, Moody's senior credit officer Ranjini Venkatesan said in a note last week.
mountain Equinix's one-year performance "These landlords' increased use of joint venture arrangements, preleasing of capacity under construction, and good returns on the new investments will help maintain their current credit ratios and strong liquidity," Venkatesan wrote.
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