Data centre occupiers are still showing “massive interest” in tier-one locations such as Frankfurt, London, Amsterdam and Paris, but tier-two locations are on the rise and investor interest is growing too.
So said Paul Lewis, director, European data centres, Principal Real Estate Europe, interviewed shortly before he appeared as a panellist on the first of Real Asset Media’s briefing sessions at Expo Real.
Talking to Real Asset Media’s Richard Betts, Lewis said the tier-two locations like Madrid, Milan, Warsaw and Vienna are drawing more occupier demand and that is fuelling “a huge amount of investor interest in the sector” which is now becoming more institutionalised. European investors are now increasingly engaging with the sector, he said.
Click on the video above to watch the full interview or listen to the podcast below.
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