CB Richard Ellis says that in the second quarter of 2008 take-up in the European Data Centre market has shown a positive response to the stagnation that took place in the first quarter, particularly in the London market.

Take-up in Q2 was largely within the shell market, 27,410 sq m (60 per cent); Carrier Neutral Hotel (CNH) take-up was 16,990 sq m (37 per cent) and threat stock was 1,120 sq m (three per cent). This was representative of the impact of wholesale shell take-up on the wider marketplace.
In terms of take-up by market sector, 33,620 sq m (74 per cent) was from the corporate sector; 4,640 sq m (10 per cent) was in retail transactions; 3,820 sq m (8 per cent) was in the technology sector and 3,440 sq m (8 per cent) was from system integrators.