Data center rental rates are generally rising worldwide due demand outstripping new supply. Which markets featured in our Global Data Center Trends 2024 report have the highest asking rental rates? Find out here: https://cbre.co/3zmcGM3

Data center rental rates are generally rising worldwide due demand outstripping new supply. Which markets featured in our Global Data Center Trends 2024 report have the highest asking rental rates? Find out here: https://cbre.co/3zmcGM3

🌐 Appetite for data centre space remains strong as hyperscalers are expected to push data centre take-up to new highs in 2024. At the same time, providers’ continued difficulties in bringing new facilities online are expected to lead the European vacancy rate to an all-time low of 10.7% in 2024. Read our European Real Estate Market Outlook 2024 report to learn more: https://cbre.co/497hQIG

Interesting article to read to see where there is demand and why!

Demand growth and shrinking availability of data centers are pushing companies to tertiary markets with greater power availability. Averaging asking rates for a typical 250- to 500-kilowatt requirement surged 20% year over year across all four major U.S. markets. Explore more from our recent 2024 Global Data Center Trends report and recent feature in the Facilities Dive article: https://lnkd.in/g7x8xxuT

Data centres are moving from a niche segment to a real estate growth engine as their expansion becomes essential to facilitating progress in critical industries. PGIM Real Estate’s Morgan Laughlin and Jim Footh discuss the trends underpinning what they see as a generational opportunity for data centres. Learn More https://on.pru/482ZDe8

Data centres are moving from a niche segment to a real estate growth engine as their expansion becomes essential to facilitating progress in critical industries. PGIM Real Estate’s Morgan Laughlin and Jim Footh discuss the trends underpinning what they see as a generational opportunity for data centres. Learn More https://on.pru/482ZDe8

Find out which four data center markets are drawing interest from technology-focused occupiers. Explore more primary and secondary markets in CBRE’s North America Data Center Trends H2 2023 report: https://lnkd.in/eCyD9eS6

Valuable insights into the DC market in North America…

Data centres are moving from a niche segment to a real estate growth engine as their expansion becomes essential to facilitating progress in critical industries. PGIM Real Estate’s Morgan Laughlin and Jim Footh discuss the trends underpinning what they see as a generational opportunity for data centres. Learn More https://on.pru/482ZDe8