INFOGRAPHIC
Top European data centre markets on track for record year
It is expected that there will be a record amount of take-up in Frankfurt , London , Amsterdam , Paris and Dublin ( FLAPD ) data centre markets in 2023 , according to the latest research from global real estate advisor , CBRE .
CBRE expects there to be 480MW of take-up across FLAPD markets in 2023 , with more than half ( 56 %) to materialise in Frankfurt and London . Hyperscalers are expected to be responsible for the majority of demand this year despite weaker economic conditions and slowing growth of their respective cloud operations .
As a result , a comparable level of supply will be delivered to accommodate this . CBRE expects operators to deliver 524MW of capacity in 2023 , with a flurry of notable megaprojects due for completion in London , Paris and Frankfurt in the second half of the year .
We are on track for unprecedented levels of new supply this year .
This follows a muted Q1 , with just 2.9MW of supply coming to market , the lowest amount of new supply delivered in any given quarter for over 11 years .
The lack of new supply coming to the market had a direct impact on demand in Q1 , with take-up dropping to 28MW , a fraction of total take-up from the previous quarter ( 202MW ). More than half of Q1 take-up was
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