Down on the French Riviera earlier this month, institutional investors were lining up to tell anyone who cared to listen that they wanted to make their first forays into the UK and European data centre market in 2025. Behind the existential vibes about Cold War 2.0 and the continentwide living crisis that gripped MIPIM, data centres were having a moment.
An asset class once the domain of the globe’s biggest private equity businesses and infrastructure investors is now set to be fuelled by more traditional real estate and institutional players. But there is a “but,” and it’s a big one.
While 2025 should shape…