Most relevant news in the Data Center industry this month

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iberia data center NEWSLETTER | August 2023
Spain & Portugal 
Data Center Market News
CBRE
Expected Installed Supply 2022F
191 MW
Supply in Madrid 
23 MW
Supply in Barcelona
~10 MW
Supply in Lisboa
We hope you had a great summer break! The CBRE Data Center Solutions team is delighted to share the most relevant Data Center news and trends, highlighting this month the impact of AI in the sector. We hope you find this useful!
Spain and Portugal In The News
Global Technical Realty to build a 16MW data center in Barcelona

The company, backed by KKR's third global infrastructure fund, announced the acquisition of its first data center in Spain.
Vertiv bets on data centers in the Madrid region

The company assures that it will continue to strengthen its presence in Spain, and specifically in the Community of Madrid, to support and take advantage of the exponential growth that the data center sector is experiencing.
Digital Realty launches high-density colocation offering in 28 markets, supporting 70kW racks

As AI boom requires higher rack densities.

Brookfield targets 1.25GW portfolio with $5.5bn in data centre investment

The flagship US$2.4 billion ongoing acquisition of Data4 and the US$1.35 billion stake in Compass Datacenters considerably increased the group’s hosting platform.

Algete expedites licenses for the arrival of Microsoft data center

The Activity License MAD02, which was 25 months late, and the Activity License for the Iberdrola Substation for Microsoft, which was 18 months late, have been granted.
Market Trends
Data center construction rides AI wave: CBRE director

Rapid growth in artificial intelligence is fueling data center demand.

Nvidia CEO predicts $1 trillion will be spent over 4 years upgrading data centers for AI
A lot of that bill will probably be paid by Amazon, Google, Microsoft, and Meta.
Data center emerges as the trendy asset in the industrial sector

Many companies with a track record in the logistics-industrial sector have announced notable investments in this segment in recent months, such as Panattoni, Aquila Capital, Merlin Properties or Thor Equities.
CBRE Insights
Q2 Europe Data Centres Figures report

In Q2, there was a modest increase in take-up (54MW) and new supply (33MW) across the primary and secondary colocation data centre markets of Europe.

Download it here
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For more information, about the Iberian Data Center Markets please contact:
Elliot 
Zounon Tevi
Director
Data Center Solutions
+34 600 941 643
elliot.zounon@cbre.com
 
Igor
Borrego
Director
Data Center Solutions
+351 912 955 599
igor.borrego@cbre.com
 
Ignacio 
Lozano Andrés
Associate Director
Data Center Solutions
+34 607 098 378
ignacio.lozano@cbre.com
 
Jaime 
Martínez Mateos
Analyst
Data Center Solutions
+34 671 777 375
jaime.martinezm@cbre.com
 
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