Data centres reshaping B.C.’s commercial real estate market

News Snapshot:

While ultimately real estate plays, barriers to entering the data centre game are high Data centres, which quietly connect the digital world, are emerging as a darling of commercial real estate in B.C. and beyond. Although the data centre industry has complex needs and high barriers to entry, experts say it’s only just blooming, and that the industry will grow exponentially with the development and adoption of artificial intelligence, cloud computing and other technologies. Data centres, initially developed by financial institutions and others to house critical data, offer five key services to a wide range of customers: Space, power, cooling,...