63% of Europe’s new data centre capacity is now going somewhere other than the big five

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Europe’s data centre capacity will reach 13 gigawatts by the end of 2026, a fifth more than last year, and most of the new supply is no longer landing where the industry has always built.

Of the roughly 700 megawatts added in the second quarter, only 37% went to the five established markets of Frankfurt, London, Amsterdam, Paris, and Dublin.

The figures come from CBRE, which published its European update on Tuesday and attributes the shift to one thing: “Demand continues to outpace supply, mostly due to a lack of available power causing delays in data center construction.” More than half of all take-up in the quarter happened outside those five cities.

What is pushing developers out is time rather than money. Connecting a new site in the congested core markets can take “10 years or more”, according to RaboResearch analysts Owen Thomson and Coen Hutters, against waits...

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