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Occupiers more willing to embrace outsourced solutions according to Jones Lang LaSalle research
Jones Lang LaSalle has published its first Data Centre Barometer research report, which focuses on the European data centre real estate market and features an independent market survey (undertaken by iXConsulting –the leading independent data centre consultancy). The Data Centre Barometer reflects the views and expectations of key industry stakeholders from both the developer/investor and occupier communities, representing approximately 9.5 million sq ft of data centre accommodation (net internal area).
Commenting on Data Centre Barometer, Mark Larard, Director of Jones Lang LaSalle’s Data Centre Advisory Group said: “Data Centre Barometer is the first independent research paper of its kind. It confirms that the data centre market is relatively buoyant in comparison with other markets, especially when you consider everything else which is happening around it. Many data centre occupiers still have data storage issues, which they cannot postpone indefinitely. The survey indicates that by the second half of 2009 they will need to re-enter the market, but will use outsourced data solutions to enhance their occupational strategies, as these will be more acceptable bearing in mind their capital expenditure restrictions”.
Survey highlights from Data Centre Barometer include:
Mark Larard concluded: “In the data centre market, supply closely aligns with demand; the development pipeline is not as astronomic as those who wish to criticise the industry claim and cannot all come on line simultaneously. Therefore the market looks likely to continue on its path of healthy growth and sustained demand throughout the year.”
Note to Editors
Jones Lang LaSalle’s Data Centre Barometer survey encompasses corporate occupiers, investors, developers and third party operators from across Europe. In total, respondents controlled data centre portfolios of circa 9.5 million sq ft of technical space. Their sentiments are collected, aggregated and analysed by independent data centre consultancy, iX Consulting.
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