David B. Rodgers covers data center REITs. He believes the shift toward a positive sentiment in the industry has been driven by cloud demand. In addition, Mr. Rodgers thinks the strong performance of data center REITs is due to multiple expansion and improving fundamentals. Despite the positive sentiment and performance, Mr. Rodgers is cautious about the sector. According to him, if the hyperscale cloud expansion and demand is unable to keep pace, it could be a potential negative catalyst for investors. Within the sector, he has found the network-centric business model to be the most favorable.
Full interview available here.