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