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European Data Centres Q1 2021

Key points include:

  • The FLAP leased data centre markets saw record quarterly take-up of 92MW in Q1 2021
  • Some large deals contributed to the high amounts of growth across FLAP
  • Cloud made up 92% of FLAP market demand – more than the 80% it accounted for in 2020
  • CBRE predicts a record year for the sector, with cloud deals driving growth
  • Power and site selection challenges will remain, in particular around key cloud hubs

Contacts

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Andrew Jay
Head of EMEA Data Centre Solutions, Advisory & Transaction Services
+44 20 7182 3461
Penny Madsen-Jones
Director, EMEA Data Centre Research, Advisory & Transaction Services

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