North America sees 70% jump in data center supply in construction, CBRE report says

Quick Summary:

NEW YORK : The amount of data center supply under construction in North America's top markets jumped by about 70 per cent compared to a year ago to a record 3.9 gigawatts, according to CBRE Group research released on Tuesday.

Prices for the centers grew, with newer centers typically coming with a premium compared to older ones.

The demand for newer facilities is likely to make smaller markets, including Northern Indiana, Idaho, Arkansas, and Kansas, more desirable, the report said.

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Category: EconomyBusiness

Markets: SingaporeCanadaIndiaUnited States

Topics: Centers Phoenix Markets Cent Year Center Power Data Report Demand Cbre

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Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-20 @ 21:56:25 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 369 words

Reading Time: 3 minutes read

Sentences: 14 lines

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