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Pandemic-driven data reliance fuels record data centre investments

Pandemic-driven data reliance fuels record data centre investments

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Knight Frank, a global property adviser, has released key findings from its Data Centre Report 2021 which evidences that the data centre market has experienced strong momentum in 2021.

The report, published in partnership with DC Byte, shows EMEA markets have seen take-up rise 4% in the last quarter to 120MW, with a 10% increase in new supply overall, totalling more than 180MW. 

In APAC, total supply increased by just under 200MW, reflecting a similar pace to 2020 take-up – recorded at just over 800MW – making total supply 5800MW across the region. 

The most recent report – which provides comprehensive coverage of 28 key markets – has closely tracked the significant pandemic-driven data usage shift in 2020, which in turn magnified the traditional ‘buy’ cycle and led to record developments.

Stephen Beard, Partner and Co-Head of Global Data Centres at Knight Frank, said: “The increase in data centre facilities is becoming more widely distributed, as providers expand into new territories to add political and geographic diversity as well as meeting new data protection legislation requirements.

“Belgium, Denmark, Spain, Zurich and Warsaw, for example, have been recent targets for cloud availability zones. Meanwhile, there is industry consolidation to also consider. New investors looking to maximise facility value to serve the 5G data economy, will likely target sites for upgrades rather than decommissioning.”

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