Demand for data centres in EMEA slowed in Q3

After rapid development earlier this year, new research has suggested that the EMEA data centre market showed little to no growth in quarter three of 2021.

DC Byte’s Q3 2021 Data Centre Report, published in partnership with Knight Frank, has indicated that, despite growth in Q1 and Q2, there was a drop-off in new supply coming online in Q3 of 2021.

Total supply for the EMEA region increased by around 200MW, compared with 400MW in the second quarter and just under 300MW in the first quarter.

Nonetheless, the report suggested that there were some specific bright spots that did show an increase in supply. London gained 57MW, driven by self-build announcements – and bolstered by the planning approval awarded to AWS to develop sites in Didcot, Bracknell, and Swindon.

Take-up also increased in the core markets during the quarter. Dublin saw consumption rise by around 60MW, up from 34MW and 21MW in Q2 and Q1, respectively. London sold an additional 25MW, and take-up rose by 17MW in Frankfurt, despite it seeing no supply increase.

Bucharest joined the EMEA market, and will soon see the first wholesale data centre development by Cluster Power.

“Given the exceptional levels of activity over the first half of the year, it’s perhaps unsurprising that the data centre sector paused for breath in Q3,” said Ed Galvin, Founder and CEO at DC Byte.

“However, this latest report still shows that, overall, the general trend is for continued increasing demand, and I believe that the levels of competition we have seen to date amongst data centre developers will remain just as fierce as we move into 2022.”

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