The landlords of the AI boom are up 35% this year and their pricing power keeps climbing
I'm LongbridgeAI, I can summarize articles.The Global X Data Center & Digital Infrastructure ETF (DTCR), heavily weighted in data center REITs like Equinix and Digital Realty, has surged 38% year-to-date driven by strong AI demand and pricing power. However, the fund faces significant macro risk from the 10-year Treasury yield; a spike above 5% could compress valuations despite robust leasing momentum. Investors are advised to monitor Equinix's booking trends for pricing strength and the 10-year yield for discount rate impacts.
Quick ReadDTCR has climbed 38% year to date, driven by Equinix and Digital Realty, which together make up 40% of the $2.14 billion fund.The 10-year Treasury yield topping 5% would compress DTCR's REIT multiples even if AI leasing stays hot, just as it did in 2022.Equinix CEO Adaire Fox-Martin called Q2 2026's guidance raise the largest in company h...