Are you interested in real estate investing but you are not sure what you should be investing in? There are a lot of options, however, recently there is one type of real estate that is on the verge of a big boom.
We were already moving towards increased technology use in our daily lives, but the pandemic made us become even more dependent on technology and always being online. This has given a big rise to a need for Data Centers.
Data Centers are big ugly buildings filled with huge computers that power our lives. They power everything we do online. This is becoming a very attractive investing option for a lot of investors because there will always be a need for it and likely the need will actually increase.
CBRE, a commercial real estate company has a new report that shows Data Centers are set to hit growth records this year.
Last year demand for Data Centers did fall by 11% but according to an article in CNBC.com that was mostly because many companies lowered their IT budgets due to the financial challenges caused by the pandemic. However, this is temporary because as the economy recovers companies will increase their budgets, and there will be a combination of people going to work and people working from home, which will increase the need for Data Centers.
As technology moves forward with automation, self-driving cars, and 5G technology, the need for Data Centers will skyrocket.
Investors are seeing this trend and moving towards it, do you plan to do the same? Are you wondering if this type of investment is right for you? Talk to us at Amin Vali Real Estate Investment and we will help you find out.