DATA CENTER CONSTRUCTION MARKET ANALYSIS

Key Developments

• In May 2023, Data4 Group, a leading France-based company in data center operations and investments across Europe, announced plans to construct a new data center campus on the former Nokia site in Nosée, Essonne, France. The project aims to invest approximately USD 1.1 billion by 2030 to rejuvenate 22 hectares of industrial and office space and reinforce the Group's presence in Paris.
• In April 2023, Microsoft is one of the largest and most influential technology companies in the world. It develops, manufactures, licenses, supports, and sells a wide range of software products, consumer electronics, personal computers, and related services. announced the opening of its latest trusted cloud center in Poland. The cloud region, operated by Microsoft Poland, comprises three physical locations around Warsaw, each housing one or more data centers. This setup ensures that data remains stored within the country, meeting the highest standards of security, privacy, and regulatory compliance.
• In January 2023, TSL, working with U.S. real estate investor Vantage, has secured a contract to build its own data center in Offenbach as part of Vantage's $2 billion plan to construct data centers in Europe. Following the initial construction phase, the Vantage Data Centre will boast a capacity of 16 MW. The campus is slated to feature a total of three multistory data centers, spanning an area of 60,000 square meters, with a maximum IT capacity of 55 MW rated power. In October 2022, Kuko's group K2 teamed up with Sinar Mas to build large-scale data centers in Indonesia. The first project, K2 Data Centre Jakarta 1 Campus, will have four facilities in Greater Jakarta, providing 58.8 MW of IT capacity. The first phase is expected to start operating by early 2024.
• In June 2022, Vantage Data Centers announced plans to establish data center campuses in Poland and Germany. The German facility, covering 13 acres, completed its first building and is set to offer 32MW across 250,000 square feet (24,000 sqm) when fully developed.