Dublin has moved into the top five European destinations for data centres, according to new analysis from Colliers International.
London remains the top destination in terms of take-up, while Paris, Amsterdam and Frankfurt complete the top five.
Dublin has overtaken Madrid, with many big names – including Google, Yahoo and Microsoft – increasing their presence in the Irish market, representing over £1bn in investment.
There has been steady take-up for the last eight quarters in Dublin, underwriting the city’s ability to attract big businesses.
Simon Ford, head of data centres, EMEA, at Colliers International, said: “Dublin’s data centre market represents attractive business conditions, relatively low risk and stable profile for operators due to its demonstrated consistent demand dynamic.”
