How Has AI Impacted Data Center Rental Rates?

Data center rental rates continue to climb, a combination of the intense demand for AI and limited supply of data centers due their enormous energy needs. Jim Footh, Managing Director and Portfolio Manager for Global Data Center Investments at PGIM Real Estate, discusses how AI has turbocharged demand for data centers.

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On average, rental rates are rising roughly 10% in most of the Tier 1 data center markets around the world

Jim Footh, Managing Director, PGIM Real Estate

<p>On average, rental rates are rising roughly 10% in most of the Tier 1 data center markets around the world</p>

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