Related Companies Invests in Applied Digital to Support Data Center Growth

September 19, 2024
MarketScale

Data center growth is transforming the real estate landscape as demand for digital infrastructure continues to rise. These facilities are gaining prominence among investors, driven by the rapid expansion of the tech industry.

Jeff Blau, CEO of Related Companies, discussed this shift, highlighting their recent investment in Applied Digital’s North Dakota data center project. While power supply remains a significant hurdle, Blau pointed to the growing demand from tech companies and the long-term potential of these facilities.

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