Trending
Latest

Rising interest rates driving data centre REITs into ‘re-rate’ mode, says famous contrarian Jim Chanos

Financial analysts rally against the short seller’s views that the cloud will kill the bricks-and-mortar REITs and say market demand shows the opposite.

By João Marques Lima

Founder and Editor, The Tech Capital

5 Mins

September 28, 2022 | 11:14 PM BST

Rising interest rates driving data centre REITs into ‘re-rate’ mode, says famous contrarian Jim Chanos

Jim Chanos speaking on Wednesday at the CNBC Delivering Alpha Conference in New York City. Source: CNBC

The Tech Capital

As interest rates climb up and capital markets financial conditions deteriorate, data centre real estate investment trusts (REIT) are moving on to “re-rating” their stock, Jim Chanos, founder and managing partner of Chanos & Company, told an audience in New York City.

Premium Article

Subscribe free for unlimited premium access to The Tech Capital.com

The Tech Capital
Daily

Daily Brief

A morning briefing on what you need to know in the day ahead, including exclusive commentary from Tech Capital's writers

Share this article
Keywords
More From

João Marques Lima

Founder and Editor, The Tech Capital

Related Articles