The Data Center Outlook for the European Market

To get a perspective on how the data center industry is faring in European markets during the pandemic, host Raymond Hawkins tapped Andrew Jay, Head of EMEA Data Centre Solutions, Advisory & Transaction Services for CBRE, to help him unpack what’s happening.

The need for co-location space is growing in Europe, as demands for data storage are at unprecedented levels and have been for several years.

London is one of the largest areas of need, and Jay said, “There’s an absolute feeding frenzy at the moment of developer operators trying to secure land. And then there are the usual issues around power, planning, fiber and risks. The prices of these sites are going through the roof at the moment.”

Due to the lack of real estate around London and the high demand, there is intense competition for sites. And Jay said he’s seen deals around London going north of six million pounds per acre.

With London pricing many out of the market, what’s the next area of opportunity for data centers? Jay said North London, where there’s a lot of land interest.

“What we haven’t seen is East London yet, and we have a couple of really good quality data center builds there, but the demand hasn’t quite got there yet,” he said.

As for the state of data centers in other European markets, Jay cited Milan as an example.

“For years, there was no demand there. Suddenly, about three to four years ago, we got calls from people asking if we had any land available in Milan,” he said. “So, that market’s gone from being a 15-megawatt to a 60-65-megawatt market.” And Jay believes that could easily double shortly.

For the latest news, videos, and podcasts in the Healthcare Industry, be sure to subscribe to our industry publication.

Follow us on social media for the latest updates in B2B!

Twitter – @MarketScale
Facebook –
LinkedIn –

Follow us on social media for the latest updates in B2B!


Monique Morrow
Hedera: Gossip About Gossip: Meet New Hedera Governing Council Board Member, Monique Morrow of Syniverse
March 28, 2023

Let us introduce you to Monique Morrow, one of the independent board members for Hedera. Morrow works for Syniverse as a Senior Distinguished Architect for Emerging Technologies. Syniverse works in mobile communications with its headquarters in Tampa, Florida. “Our customers vary. Our customers are either mobile or large enterprise customers. We have a carrier business […]

Read More
AVC Global
Gossip About Gossip: Addressing Global Supply Chain Inefficiencies with AVC
March 28, 2023

Niels Skjoldager, Founder & EVP, Product & Operations at AVC Global, is thinking big and going global. And why not? The issues facing the supply chain impact worldwide, so addressing these challenges needs a global approach. Zenobia Godschalk spoke with Skjodager about what his company does and how AVC’s cloud-based Value Chain platform allows industry […]

Read More
What is the Purpose of Domains and NFTs in the Digital World, and How Do They Contribute to Growing the Internet and Digital Assets?
March 28, 2023

Unstoppable Domains allows users to associate multiple wallet addresses with their domain, enabling them to receive cryptocurrency payments and decentralized access applications (dApps) through a single, easy-to-remember address. Additionally, the domains can host websites on the IPFS network, providing a decentralized and censorship-resistant alternative to traditional hosting solutions. But how do Unstoppable Domains enhance the […]

Read More