Land and power through an investor’s lens.

Marker Street Partners · Investment perspective

Establish the land position

Identify the ownership or control rights, permitted use and conditions that must be satisfied. Greenfield land should be assessed through its proposed data center use, with a clear distinction between current rights and future approvals.

Look behind the powered-land description

Record exactly what supports the description: existing service, a documented utility commitment, a conditional arrangement or an expectation. State the associated timing, obligations and unresolved dependencies.

Match exposure to milestones

Map the capital required before and after material decisions. Site acquisition, approvals and power arrangements can involve different risks and timelines; the investment case should make those exposures visible.

Connect the site to the investment

Land attributes alone do not establish the commercial case. Assess the intended data center investment, demand assumptions, counterparties, total capital requirement and the conditions for committing further funds.

Distinguish ownership from delivery

Define who controls the land, who commits capital and who is responsible for development and operations. Clear responsibilities allow the investment to be assessed on its own terms.

A general investment framework. No particular asset, investment opportunity or outcome is represented.