Take-up in the European Data Centre market picked up in the second quarter of 2008 following the stagnation seen in the first three months of the year, particularly in the London market, CB Richard Ellis said on Friday. According to figures released by the broker, total market take-up for the second quarter came to 45,520 m2, an increase on the previous quarter of 144%. This was driven by a large shell transaction in the outer London market resulting in the second quarter representing the third highest recorded take-up since monitoring the five European tier 1 cities began in 1999.
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