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The Iberian Peninsula accumulates 700 MW in Data Center projects


  • Sines, in the south of Portugal, registers the largest project announced in the Iberian Peninsula with more than 450 MW
  • Madrid leads the European south market with 31 operational data centers and a pipeline with 505 MW under development in 14 announced projects

 
The Iberian Peninsula is positioned as one of the strategic European markets for the Data Centers according to Colliers (NASDAQ, TSX: CIGI), a global leader in advisory services and management of real estate investments. According to the data collected in the Colliers report, Data Centers Snapshot, there are more than 700 MW under development in data center projects in the 3 main locations of the Iberian peninsula: Madrid, Barcelona and Lisbon.

Madrid is the reference market in southern Europe with 31 operational data centers and 100 MW installed. The Spanish city accumulates a pipeline of 505 MW in 14 announced projects, equivalent to 70% of the total under development in the Iberia region.

The new projects are mainly located in the northern zone, around the A-1 and A-2 axes. However, some locations on the A4 axis concentrates very relevant projects such as the announced in Fuenlabrada by Thor Equities, which foresees a 100 MW Data Center.

The city of Barcelona, and its metropolitan area, add a dozen operational data centers and a pipeline of 110 MW under development, which fivefold the current operating capacity.

Portugal concentrates the interest of international investors and operators and is expected to lead, together with Madrid, this market in the medium term. Lisbon as other locations in the south of Portugal accumulate important projects under development. Specifically, Sines has been chosen as the location for the largest Data Center project announced to date in the Iberian Peninsula. This is the Star Campus, one of the largest in Europe, developed by Pioneer Point and Davidson Kempner with a capacity of more than 450 MW.

"The pipeline of projects announced during the last 6 months indicates an unbridled activity in both investment and data center development markets, spotlighting the relevant position of Spain and Portugal as a digital hub in southern Europe. Once the supply of Data Centers is consolidated, the next step will be the assurance of demand in which the Colliers Data Center team has been working for weeks, advising from the point of view of hyperscalar demand  and the future edge computing" says José María Guilleuma, Diretor de Data Centers em Colliers.



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Pedro Valente

Managing Director

Lisbon

Pedro is Managing Director at Colliers Portugal. He has 20 years of professional expertise, having developed his career in the most relevant real estate companies in the Portuguese market.

Pedro has worked for CBRE in Lisbon where he started on the valuations department and then moved to development department.

Most recently he worked for WORX Real Estate Consultants (a local company affiliate of Knight Frank in the beginning & then of BNP RE) specifically in the sales transaction arena in all categories of retail, offices, tourism & hospitality, industrial & logistics and distressed assets.   

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Alejandra Folgado

Marketing & Communications Director

As Marketing and Communications Director Alejandra is responsible for building a marketing and Comm. strategy that grows brand awareness; drives lead generation and works across business lines to support Colliers  Spain and Portugal  achieve its growth and customer acquisition goals.

She began her career at Atlas Capital Close Brothers in 2001 and joined to irea in 2006, where she was Knowledge & Organization Manager for almost 4 years. After a 5 years  of professional and personal experience in Italy, she returns to irea as Marketing & Communications Manager.

From January 2015 she has been Head of Marketing and Communications at irea until March 2018, when the spanish firm integrates in Colliers International.

Alejandra studied at Carlos III University (Madrid)  where she has a bachelor degree in Information Sciences. She holds an International Marketing and Communications Master from Polimoda Business School (Italy).

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