Aug. 6 at 11:06 PM
$BXDC Management was extremely bullish on the call btw.
Highlights where the following
U.S. data center vacancy approximately 1%
Target markets only 0.4% vacancy
Rent growth more than doubled versus 2021
Hyperscaler spending expected to exceed
$800 billion this year
Around
$3 trillion expected over five years
Data center market eventually exceeding
$1 trillion
They repeatedly cited AI and cloud demand as structural drivers.