MARKETVIEW

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The New Norm: 2017

reinforces the hyperscale age

19.5%

QUARTERLY REVIEW

Europe Data Centres, Q4 2017

Q4 2017 CBRE Research © 2018 | CBRE Limited 1

25.9%8.2%

SNAPSHOT

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Figure 1: Europe Colocation Supply and Take-up as at Q4 2017

Source: CBRE Research, Q4 2017

MARKETVIEW

INVESTMENT – 2017 Q4

SUPPLY – 2017 Q4

EUROPE DATA CENTRES

Q4 2017 CBRE Research 2© 2018 | CBRE Limited

Source: CBRE Research, Q4 2017

Figure 2: European Colocation Supply and Availability as at Q4 2017

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Available IT Power

Contracted IT Power

MARKETVIEW

AVAILABILITY AND MARKET ABSORPTION –2017 ROUND-UP

SUPPLY – 2017 ROUND-UP

EUROPE DATA CENTRES

Q4 2017 CBRE Research 3© 2018 | CBRE Limited

Figure 3: Market Absorption Based on Average Take-up of Previous 5 Years

Source: CBRE Research, Q4 2017

MARKETVIEW

Q4 2017 CBRE Research © 2018 | CBRE Limited 4

EUROPE DATA CENTRES

Supply AvailabilityNet Absorption

(years)Take-up

(quarterly)Take-up

(year to date)

Amsterdam Q4 2017 244 45 1.8 2.7 20.9

Q4 2016 204 21 1.2 44.0 53.6

Frankfurt Q4 2017 279 69 3.7 12.1 31.9

Q4 2016 203 27 2.0 3.8 34.2

London Q4 2017 482 97 3.4 12.7 53.5

Q4 2016 404 71 3.2 20.4 49.2

Paris Q4 2017 156 21 2.0 5.9 12.8

Q4 2016 146 23 2.6 6.6 17.6

European Total Q4 2017 1,160 232 2.8 33.4 119.1

Q4 2016 958 142 2.3 74.9 154.5

Figure 4: Key Colocation Statistics – year on year comparison (MW)

Source: CBRE Research, Q4 2017

MARKETVIEW

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TAKE-UP & DEMAND – 2017 Q4

Q4 2017 CBRE Research © 2018 | CBRE Limited 5

EUROPE DATA CENTRES

Source: CBRE Research, Q4 2017

Figure 5: European Colocation Take-up as at Q4 2017

MARKETVIEW

TAKE-UP & DEMAND – 2017 ROUND-UP

Q4 2017 CBRE Research © 2018 | CBRE Limited 6

EUROPE DATA CENTRES

MARKETVIEW

2018 OUTLOOK

Q4 2017 CBRE Research © 2018 | CBRE Limited 7

EUROPE DATA CENTRES

MARKETVIEW

INVESTMENT INTERVIEW: PAUL MORTLOCK –DATA CENTRE INVESTMENT DIRECTOR, CBRE EMEA

Q4 2017 CBRE Research © 2018 | CBRE Limited 8

EUROPE DATA CENTRES

MARKETVIEW

LONDON

EUROPE DATA CENTRES

Q4 2017 CBRE Research 9

Figure 6: London Supply and Take-up 2006-2017 Q4

© 2018 | CBRE Limited

FRANKFURT Figure 7: Frankfurt Supply and Take-up 2006-2017 Q4

Source: CBRE Research, Q4 2017

Source: CBRE Research, Q4 2017

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MARKETVIEW

AMSTERDAM

EUROPE DATA CENTRES

Q4 2017 CBRE Research 10© 2018 | CBRE Limited

PARIS

Figure 8: Amsterdam Supply and Take-up 2006-2017 Q4

Figure 9: Paris Supply and Take-up 2006-2017 Q4

Source: CBRE Research, Q4 2017

Source: CBRE Research, 2017 Q4

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020406080

100120140160180

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MARKETVIEW

DEFINITIONS

SUPPLY

AVAILABILITY

VACANCY RATE

COLOCATION TAKE-UP

FLAP (MARKETS)

EUROPEAN DATA CENTRES

SPACE TYPE

MARKET ABSORPTION

Q4 2017 CBRE Research © 2018 | CBRE Limited 11

EUROPE DATA CENTRES

MARKETVIEW

Disclaimer: information contained herein, including projections, has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to confirm independently its accuracy andcompleteness. This information is presented exclusively for use by CBRE clients and professionals and all rights to the material are reserved and cannot be reproduced without prior written permission of CBRE.

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