Search Company:
According to a report from CBRE, the need for data centre space to support AI-specific requirements is pushing Europe’s largest colocation data centres to unprecedented heights.
Europe’s data centre market is experiencing a significant surge in investment, driven by the booming demand for AI and cloud services, even as power shortages, following the global energy crisis, pose challenges across the continent.
The CBRE “Global data centre trend report 2024” highlighted rising rental rates, increased construction activity and robust investment as key characteristics of the European data centre market. The report also points out that AI’s growing influence is creating unique challenges for data centre operators, particularly in securing the necessary power and land for AI-ready facilities.
“Power and land shortages, combined with increased regulation, are the most prominent inhibiting factors when it comes to data centre development in Europe,” said Andrew Jay, head of data centre solutions, Europe, at CBRE. “There are added pressures with ever-rising demand levels as a result of AI growth, underscoring the need for ongoing investment in development.” Read more
Source: LOGISTICS MANAGER
