22 November, 2021

Key points:

- Data centre take up in the FLAP markets jumped to 134MW in Q3 due in large part to prelets in Frankfurt and Amsterdam

- We currently expect to see 94MW of new supply to come online by the end of the year, with close to 80MW committed to customers already

- When Q4 closes, CBRE still expects 2021 will have seen record takeup and supply across FLAP markets

- Margins of providers are under pressure due to increased power, construction and build costs across FLAP.