Report | Data Center Global Trends Vol. 3
In common with other real estate asset classes, the data centre market has also suffered due to the global credit crunch, in particularly on two fronts affecting both the specialist developers of technical real estate and the end users. The challenges facing developers ability to raise debt finance has resulted in a significant slow down in speculative development and at the same time, end users are
experiencing severe restrictions on securing internal finance for capital projects. As a consequence the first quarter of 2009 witnessed a reduced take up of stock, echoing the periods prior to 2006, whilst occupiers reassessed their IT solutions and developers reserved their liquidity.
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