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Data centre space take-up jumps 18 percent

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Harmeet
New Update

ENGLAND, UK: Research just released by GVA Connect, the data centre specialist division of property agents GVA, showed UK take-up of data centre space amounted to 830,000 square feet (gross retail area) in calendar year 2013.

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"This represented an 18 percent jump in data centre space take-up over the previous year," said GVA Connect director, Charles Carden, adding that the company expected take-up to remain at this level during 2014.

Confirming London's position as a leading international data centre hub, Carden revealed that over three quarters of the 2013 data centre take-up was within the so-called London Synchronous Locations (locations which deliver round-trip latency of under three milliseconds). The second most popular location was Manchester with the remainder of take-up spread across the UK.

Carden added, "Not only does this research indicate a very healthy increase in data centre activity, the average power requirement - at over 500kw - demonstrates that the majority of these new projects are of a very significant size."

GVA Connect sees these figures as a very sound indicator of continued occupier confidence declaring that this follows-on from the steep rise in both the number and size of enquiries they reported in Q4/13.