Most relevant news in the Data Center industry this month

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iberia data center NEWSLETTER | FEBRUARY 2024
Spain & Portugal 
Data Center Market News
CBRE
Expected Installed Supply 2024F
190 MW
Supply in Madrid 
54 MW
Supply in Barcelona
~10 MW
Supply in Lisboa
The CBRE Data Center Solutions team is delighted to share the most relevant Data Center news and trends.  We hope you find this useful!
Spain and Portugal In The News
CBRE Spain has advised Mapfre in the sale of its 10 MW Tier III certified Data Center in Alcala de Henares, Madrid
 
The transaction has been carried out through a Sale & Serviceback. Pérez-Llorca has carried out the legal advice on the transaction.
Microsoft quadruples its investment in AI and Cloud infra in Spain to boost the deployment of responsible and secure AI
The Government and Microsoft have defined a collaboration framework for the application of Artificial Intelligence in public administration and the reinforcement of national cybersecurity.
Merlin gets the support of Meta for its millionaire bet on data centers

Meta has become the primary customer for Merlin's three new data centers, according to technology industry sources.
Blackstone is building a $25 billion empire in data centers
 

With a shortage of buildings needed to support digital needs, demand has skyrocketed.
Azora will invest $500M to build six data centers in partnership with Core Capital

Azora in collaboration with Core Capital, is launching Quetta Data Centers, a platform that will invest more than 500 million euros in the construction of data centers.
Market Trends
The data center industry faces the promise of contributing €60 bn to the Spanish GDP

This sector attracts significant international investment to our country, creates quality employment and claims an active role in sustainability.
Nvidia data center revenues up 409%, AI earnings beat Wall Street expectations

GPU giant Nvidia posted earnings above Wall Street expectations, and said that revenue for the current quarter would be higher than previously predicted.
Future data centers may have built-in nuclear reactors
 

A man with a shiny metal Concorde model on his desk, and old circuit boards on a shelf, is clearly in love with technology.
CBRE Insights
Europe Data Centres Figures Q4 2023

In the FLAPD markets (Frankfurt, London, Amsterdam, Paris and Dublin) tracked by CBRE, demand outstripped supply in Q4 2023 and take-up increased by almost half compared to the previous quarter. The demand for capacity remains strong, particularly from hyperscalers in Europe, as well as from enterprises. For a detailed analysis of the performance of the key Data Centres markets, read our full report.

Download it here
Podcast
Heart-Shaped Box: Modular construction is delivering faster, cheaper sustainable buildings

Despite widespread adoption elsewhere in the world, modular construction has been slow to take hold in the U.S. Assembly OSM CEO Andrew Staniforth makes a compelling case for the construction technique’s affordability, sustainability and speed—as well as reasons why the practice is still in its infancy domestically.
CBRE Data Center Solutions
CBRE has built the only dedicated data center team globally supported by multiple business lines across the sector.

Our engagement is to deliver full-spectrum life cycle services to our clients: Investors, Operators, and Occupiers.
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Should you want to know what is going on in the data center industry? Please subscribe and complete the following form.
For more information, please contact:
Data Center Solutions
Elliot 
Zounon Tevi

Director
+34 600 941 643
elliot.zounon@cbre.com
Igor 
Borrego

Director
+351 912 955 599
igor.borrego@cbre.com
Ignacio
Lozano Andrés

Associate Director
+34 607 098 378
ignacio.lozano@cbre.com
Carlos 
Pérez Poblador

Analyst
+34  687 854 863
carlos.perezp@cbre.com
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