The rapid growth of artificial intelligence is fuelling a surge in demand for data centre capacity in various regions worldwide, according to the latest research by Savills.
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Green real estate asset developer Merlin Properties and global data centre provider Edged Energy have teamed up for a new, high-tech and carbon-neutral data centre in Portugal.
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European real estate investor ActivumSG has completed the sale of a prime development site in Madrid, Spain, to Edgnex, the data centre arm of Damac Group.
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For the first time ever, the vacancy rate for colocation data centres in Europe's leading markets of Frankfurt, London, Amsterdam, Paris, and Dublin (FLAPD) has dipped below 10%.
Read moreSilvia Manzoni, associate in Savill's energy team based in Italy, evaluates how increasing grid constraints of 40-year-old energy infrastructure assets is impacting new developments and projects.
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Belgian real estate investor and developer Ghelamco has sold its Nexus data center in Brussels to European data center specialist Penta Infra, with Photon Capital acting as the lead investor.
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Alexandre Grellier, CEO of data tech firm Drooms, says many PropTech companies in Europe, especially young start-ups, are encountering challenges.
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Irish smart energy company GridBeyond has closed its €52 mln Series C financing round. The round was led by Alantra’s Energy Transition Fund, Klima.
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London estate agent, Foxtons, has unveiled a new proptech platform, backed by blockchain technology, created in partnership with consumer app Home and Coadjute.
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Coyote Software, a UK-based software provider powering many of the largest Commercial Real Estate (CRE) firms in the UK and Europe, has been bought by Menlo Park, California-based, InvestorFlow.
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The Grand Hotel Imperiale in Forte dei Marmi, Italy has been sold to UAE-based real estate company Emaar Properties, owner of renowned buildings such as the Burj Khalifa and the Dubai Mall.
