Login

Data Center Owners Turn to Bond Market for $1.1 Billion in New Funds

Compass, DataBank Pick Up Pace of Offerings as Data Center Demand Increases Due to Artificial Intelligence
CyrusOne West III is the largest of DataBank’s four Houston data centers. (CoStar)
CyrusOne West III is the largest of DataBank’s four Houston data centers. (CoStar)
CoStar News
February 21, 2024 | 10:46 P.M.

Two dominant data center operators are turning to the capital markets to raise funds for development as increasing demand for artificial intelligence applications boosts the need for the property type across the United States

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE


  • Properties