Data center selloff looms amid debt concerns

Greg Goodman, CEO of industrial property giant Goodman Group, warns of a potential global wave of mergers and acquisitions within the data center sector. He attributes this forecast to the unmanageable debt burdens accumulating at many private equity-backed companies. This situation could lead to significant consolidation as firms struggle to service their debts, potentially creating opportunities for stronger players to acquire distressed assets and reshape the market landscape.