In the world of real estate investment trusts (REITs), the data center segment has been among the few bright spots this year. While the REITs that lease retail space, offices, and apartments have all been hurt by the struggles of their tenants, those whose properties host cloud servers have had little to worry about.
Equinix (NASDAQ: EQIX) , the largest data center REIT in the world, recently released its third-quarter report, and the results show that it's continuing to expand its reach.
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Equinix Reports Strong Earnings as Pandemic Drives Its Demand Higher