Data Centre take-up has risen by 12 per cent year on year across Europe, according to new research from global property advisor CBRE. This rise occurred following a strong final quarter of transactional activity although also acknowledged was that widespread economic uncertainty had resulted in unpredictable demand patterns during the year.

Wholesale data centre take-up in London this year reached more than double the levels witnessed by the end of 2011 according to global property advisor CBRE. Wholesale take-up has soared to 9,855 sq m up to Q3 2012, more than twice the 4,140 sq m transacted in 2011. In a new report, CBRE also notes that co-location take up of data centre space in London and Paris is on a par with the total levels reached at the end of 2011, at 12,305 sq m in London and 5,540 sq m in Paris, against the figures of 12,120 sq m and 5,590 sq m seen in 2011 respectively.

Amsterdam’s data centre market continues to prosper and outperform other European locations despite economic uncertainty in the Eurozone, according to the CBRE’s latest European Data Centre MarketView report. For the year, take-up in the city has remained resilient at 9,965 sq m, outperforming the London, Paris and Frankfurt data centre markets. This is due to its position as a connectivity hub and in response to the large number of technology and telecoms companies operating in the city which require significant and increasing levels of data processing capacity.

Overall vacancy in carrier neutral data centres in the top five European markets has reached a historic low of 22.8 per cent, according to the latest research released by CB Richard Ellis (CBRE) today. This is due to a slower rate of new supply coming to the market, as well as a gentle increase in demand across the region, the report reveals.

Of the five European markets analysed (London, Paris, Frankfurt, Amsterdam and Madrid), London performed best in the final quarter of last year, accounting for almost half of all take-up (49 per cent) and emerging as a clear overall leader in 2010. Meanwhile Madrid experienced very poor levels of take-up, significantly below that of its five-year market average, although it is expected to perform slightly better over the next year.

London, 6 March 2009 – The property industry is still some way from being able to provide definitive cost comparisons for energy efficient buildings because of the lack of agreed definitions for measurement and consequently the availability of data, according to a new report released today by CB Richard Ellis (CBRE) which investigates the true costs of buildings going green.