Global data center construction is exploding at a pace the industry has never seen, but even this historic building boom is nowhere close to catching up with demand through 2030.
Capacity in the world’s largest markets jumped 25% in the past year, but vacancy keeps falling and usable space in the biggest hubs has all but vanished, further driving up rents, according to new CBRE data. Higher rents will keep investor interest elevated just as political and community backlash to data centers increases.
“Across the globe, demand is outpacing even aggressive new supply increases, which means companies can no longer assume capacity will…​