Data center REITs own and manage facilities that customers use to safely store data. Data center REITs offer a range of products and services to help keep servers and data safe, including providing uninterruptable power supplies, air-cooled chillers and physical security.
A wide variety of companies including IBM, Ubisoft, and AT&T utilize REIT-owned data centers.
Who Invests in Data Center REITs?
Along with individuals who invest in REITs either directly or through Thrift Savings Plans (TSPs), 401ks, etc., institutional investors such as pension funds, endowments, foundations, insurance companies, and bank departments also invest in REITs.
How to Invest in Data Center REITs
There are numerous data center REITs listed on the FTSE Nareit US Real Estate Indexes. Many investors acquire shares in these REITs via REIT mutual funds or exchange-traded funds (ETFs), but individuals can also invest directly in a REIT with the help of a broker.
Overview
1/31/2024, Source: FTSE
Number of REITs
2
Dividend Yield
2.56%
YTD Total Return
3.50%
January Total Return
3.50%
2023 Total Return
30.08%
Quarterly Data
Source: Nareit T-Tracker
| Q3 2023 | 2023 | |
|---|---|---|
| FFO ($M) | $1,044 | $3,038 |
| NOI ($M) | $1,880 | $1,880 |
| Dividends paid ($M) | $725 | $2,129 |
