According to the CITIC Securities Research Report, in the process of rapid expansion of computing power demand driven by AI applications, IDC is constrained by the triple core of core location, energy use, and capital investment on the supply side, leading to an acceleration in supply growth or difficulty in meeting demand volume, and the industry boom is expected to continue. In this context, high-quality IDC assets listed by leading operators through REITs platforms are scarce. It is expected that even in future cycle fluctuations, their stability will be relatively higher, and they are high-quality assets with both offense and defense. At the same time, as the subsequent expansion process progresses in an orderly manner, investor returns may be expected to further increase, and data center REITs that have been listed at this time deserve continued focus. In addition, if subsequent data center REITs are more cost-effective, investors are also advised to actively participate in the primary market strategic placement.

According to the CITIC Securities Research Report, in the process of rapid expansion of computing power demand driven by AI applications, IDC is constrained by the triple core of core location, energy use, and capital investment on the supply side, leading to an acceleration in supply growth or difficulty in meeting demand volume, and the industry boom is expected to continue. In this context, high-quality IDC assets listed by leading operators through REITs platforms are scarce. It is expected that even in future cycle fluctuations, their stability will be relatively higher, and they are high-quality assets with both offense and defense. At the same time, as the subsequent expansion process progresses in an orderly manner, investor returns may be expected to further increase, and data center REITs that have been listed at this time deserve continued focus. In addition, if subsequent data center REITs are more cost-effective, investors are also advised to actively participate in the primary market strategic placement.