According to Savills’ latest research, data center stock in Europe and the Middle East (EMEA) reached 2,641 live sites in first quarter 2025, representing a total power capacity of 10,850.71 megawatts, an 11 percent increase year-on-year. A further 2,706 megawatts is currently under construction, mostly concentrated in France, Sweden, the United Kingdom, Germany and Ireland.
Early-stage pipeline projects amount to 17,513 megawatts, now also extending into Spain and Portugal. The international real estate adviser says that this suggests that Southern Europe is increasingly attracting large-scale developments, supported by improving infrastructure and investor interest.
After three years of surging average rents, pricing appears to have stabilized across most lease categories in EMEA. However, further increases are expected in 2025, given the collision of surging demand, rising energy prices and continued construction cost inflation.
The sector is witnessing a s
