Real estate companies around the world are eyeing one area right now: data centers, according to Citi.
Citi noted the push toward data centers is being driven by major themes such as artificial intelligence and nearshoring.
More industrial companies are looking to convert warehouses into data centers, Citi noted.
Stocks to benefit The bank named three "direct beneficiaries" of rising data center demand: U.S.- listed real estate investment trust Digital Realty Trust , data center firm Equinix and Australia-listed NextDC .
Paul Hanna | Bloomberg | Getty ImagesReal estate companies around the world are eyeing one area right now: data centers, according to Citi.
Persons:
Stocks, There's, Keppel DC REIT, Paul Hanna
Organizations:
Citi, Digital Realty Trust, Digital Realty, Equinix, Nvidia, Keppel DC, Industrial Trust, Inc, Talavera de la Reina, Bloomberg, Getty
Locations:
datacenters, Equinix, Australia, Singapore, India, Talavera de, Spain