Short answer：Data-centre real estate cannot be assessed through floor-area rent alone. Power, cooling, connectivity, redundancy, lawful use and lease obligations can dominate cost and feasibility.
Establish feasibility
Obtain actual power, loading, fire and system information and confirm use and approvals. Ordinary industrial space, an operating facility and a development project have different scopes and risks.
Separate property and operating income
Contracts allocate utilities, equipment replacement, service levels and downtime differently. Check tenant credit, renewals, capital spending and concentration and model upgrades or vacancy.
Before deciding
- Verify committed power rather than proposals
- Read equipment and service obligations
- Allow for upgrades and exit costs
Sources and method
Sources support the specific rules described. Checklists and hypothetical calculations are editorial explanations, not measured market results or individual approvals.
Revision：Removed unsupported experience, case outcomes and statistics; corrected the topic-specific rules and limitations described above.
Scope：General information only, not personalised legal, tax, immigration, admissions or investment advice.