Strongest H1 Take-Up On Record For European Data Centres
Data centre operators in Europe are continuing to benefit from growth in connectivity driven demand, and stabilisation of the macro-economic climate, resulting in the highest take-up for a first half (H1) period on record.
According to CBRE, the global real estate advisor, across the major European markets including Amsterdam, Frankfurt and London, a total of 38MW of customer IT power was sold in H1 2014, 68% higher compared to the same period of 2013.
The European connectivity hubs of Frankfurt and Amsterdam have experienced particularly strong activity this year. Total take-up in Frankfurt at the close of the second quarter totalled 13.2MW, more than twice the amount sold in the same period of last year. In Amsterdam total take-up now exceeds that achieved in the full year of 2013 and at mid-year a total of 11.7MW has been sold in the Dutch capital, the highest H1 total recorded. Driven by sustained customer interest these markets continue to be the subject of investment in 2014 with many of the major operators advancing build out programs to accommodate new business.
Andrew Jay, Executive Director, EMEA Data Centre Solutions at CBRE, comments on the factors underpinning these record figures:
It is encouraging to see interest in data centre services has continued through the second quarter with the result being a record level of take-up at mid-year. We have continued to see large scale roll out programs from global infrastructure companies and cloud providers in particular. Together they are securing sufficient data centre capacity to support the expected growth in enterprise migration to a Cloud infrastructure.