Data centres

"Rising defence spending is set to accelerate investment in industrial and logistics infrastructure. From advanced manufacturing plants and R&D facilities to logistics platforms and high-performance computing and data centres, defence production requires a wide range of highly specialised assets."

"Regulation is tightening across Europe, reshaping real estate markets, with significant implications for the residential and data centre sectors. In 2026, while new rules will constrain rental growth and landlord flexibility, they will also provide clearer frameworks, exemptions and long-term visibility for institutional capital."

"Despite talk of location-agnostic AI strategies, operators have doubled down on proven availability zones with reliable power and scalable growth potential"

"Around 2,800 MW of data centre capacity is under construction, and 11,300 MW is committed, already over a quarter of the live supply. With a further 21,000 MW in early-stage plans, the market is gearing up for a step-change in scale to meet soaring AI and cloud demand"

"EMEA construction costs will stay under upward pressure, reflecting structural shortages, advanced-technology requirements and the enduring impact of power and supply-chain constraints"

"Europe’s data centre industry will increasingly hinge on energy resilience, as AI growtrupert duckh and electrification amplify pressure on ageing grids and accelerate the shift to renewables"

"Strong investor confidence and healthy fundamentals sustain momentum across the data centre market, confirming its role as a backbone of Europe’s digital infrastructure"

"EMEA’s data centre market will continue to scale rapidly, supported by accelerating digitalisation, resilient investor appetite and the convergence of AI and cloud technologies"