October 2023 EMEA Data Centre Update

H1 23 EMEA

EMERGING MARKETS

OTHER EMEA MARKETS

KEY INDICATORS*

EMEA DATA CENTRE TEAM Click on each name to email them

14 OPERATORS, 26 DATA CENTRES 1% VACANCY RATE Brussels is strategically situated at the crossroads of the FLAP market, making it an ideal location for data centres. This central location provides low-latency connectivity to major European cities and serves as a gateway to continental Europe, therefore attracting foreign investments. Brussels hosts 94% of Belgium's total existing data centre capacity as it offers excellent connectivity, a thriving digital economy, and serves as a dynamic hub for innovation, research, and development. Further, the future for Brussels look promising as it continues to witness rapid development of data centres with 104MW of capacity under construction. Organizations across the country have been migrating their workloads to the cloud and contributing towards meeting the digitalization goals of the country, driving the need for colocation data centres. Even though Brussels has consistently witnessed addition of new capacity and steady growth, colocation demand from enterprises has seen substantial growth, which has led to vacancy being just 1%, at the end of Q2 2023. 171MW IN OPERATION 104MW UC / 12MW PLANNED

ANDREW FRAY International Partner & Head of EMEA Team

ADAM COOKSON International Partner & Head of Land Transactions

Regarding sustainability, there are ongoing initiatives to create a structure for distributed energy production, and data centre operators nationwide are striving to attain carbon neutrality within their operations. KevlinX, EdgeConneX, and LCL Datacenters are actively engaged in the Carbon Neutral Data Central Pact.

IN-COUNTRY CONTACT – BELGIUM

BART VANDERHOYDONCK Partner-Industrial Agency, Bart.Vanderhoydonck@ eur.cushwake.com

KEY INDICATORS*

14 OPERATORS, 24 DATA CENTRES 1% VACANCY RATE In Switzerland, Zurich is the major financial capital and the country's primary data centre hub, with ~66% of country’s operational data capacity. The market is preferred for investments due to geographical advantages including renewable power, data centre free cooling and highly qualified labor with low tax rates. Zurich has also built a significant development pipeline of 127MW of which 111MW is in planning stages. The major contributors to the upcoming supply include Green Datacenters, Stack Infrastructure and Vantage Data Centers that cumulatively account for about 81% of the current development pipeline. Cloud giants like Microsoft, Google, and Oracle have established a significant presence in Switzerland and are further expanding their reach by building new cloud regions. This expansion not only ensures robust connectivity but also enhances Zurich's reputation for technological innovation. The industry benefits from various factors, including the growing adoption of cloud-based services, the integration of fintech, AI, big data, and IoT, and the rollout of 5G network services. Zurich places a strong emphasis on sustainability, and data centres in the city are increasingly embracing eco-friendly technologies and practices to minimize their environmental footprint. Energy-efficient designs and the use of renewable energy sources are prevalent in the region. The Energy Strategy 2050 plays a pivotal role in advancing renewable energy generation, aiming to incorporate approximately 11,400 GWh (excluding hydroelectric power) of renewable energy into the country's electricity generation mix by 2035. 113MW IN OPERATION 16MW UC / 111MW PLANNED

IN-COUNTRY CONTACT – SWITZERLAND

NATALIA IGNATOVA Head of Tenant Representation, SPGI natalia.ignatova@spgizh.ch