Power Hungry: How AI's Appetite for Data Centers is Redrawing the Global Energy Map. The AI revolution isn't just changing how we work—it's transforming where and how we generate power.

As artificial intelligence races from buzzword to business necessity, the computing infrastructure required to support it is expanding at a breathtaking pace. Data centers—the physical backbone of our digital world—are consuming energy at unprecedented rates. Some experts suggest they already account for 20% of global energy consumption, and this figure is expected to triple by 2030.

This insatiable appetite for power has given birth to an intriguing new real estate subsector: private power stations designed specifically to feed these digital giants. In Israel, these facilities do double duty, supporting both data centers and the national grid.

The New Energy Equation

Israel's power generation currently relies heavily on natural gas, supplemented by solar and coal, with diesel and fuel oil serving as backup. Globally, the energy mix is more diverse, incorporating nuclear, wind, hydroelectric, and geothermal sources.As our energy demands grow exponentially, so does the urgency for innovative technologies and smarter resource management. The challenge is clear: how do we maintain reliable power availability while transitioning to cleaner energy solutions.?

Where Real Estate Meets Energy Innovation

The balancing act between operational requirements and sustainability presents both challenges and opportunities. Energy storage systems, smart grids, and renewable sources are becoming not just environmentally responsible choices but business necessities.

For forward-thinking real estate investors, the land used for these power stations represents the next frontier—a unique intersection of digital infrastructure, energy innovation, and property development.

Commercial real estate in Israel

Mvnev Nadil (KD) Ltd. signed a lease agreement with Fattal Workspace and Switch Up Ltd. for an additional 4,000 square meters of space in the Embankment project in Tel Aviv.

Aspen Group Ltd. is examining the feasibility of executing a deal to acquire Yigal and Moshe Gindi's share (25%) in the Rishon Lezion mall.

Commercial real estate overseas

A subsidiary of Canada Global (TR) Ltd. has completed a transaction to purchase land in North Miami, covering an area of approximately 64 dunams, including building rights for a mix of residential, commercial and office uses, for approximately $70.5 million.

A subsidiary of G City Ltd. has completed a transaction to sell a property in Prague, Czech Republic.

Real estate in the headlines

Guy Amosy 'will be tested in the implementation' of Airbnb for offices (Yediot and Ynet).

The surprising retirement. What is behind the wave of departures at real estate companies? (Globes).

Guy Amosy: 'The slowdown in business activity in Ramat HaHayal is temporary' (The Marker).