London also had a strong quarter, with 7MW of take-up in Q3, bringing its year to date total to 28.7MW. London has only been outperformed by another market once in recent years, and will require a strong Q4 to hold on to its position as the top market in Europe for 2016.
CBRE predicts that there will be further strong leasing activity by the cloud service providers in Q4, which would see us surpass the 100MW figure for annual take-up. This would be a 30% increase on any other year.
Andrew Jay, Executive Director in the Data Centre Solutions team at CBRE commented:
“There has never been so much wide-spread interest in the data centre industry. The amount of colocation space acquired by the cloud service providers in Frankfurt has been staggering and is indicative of how the cloud and Internet of Things have become so integral to everything we do in society.”