The industry's top talent, in-house. Demand for data centers is set to nearly double by 2021, according to a report published by JLL. Germany Data Center Whitepaper 2021. Data Center Technician salaries at JLL can range from $70,509 - $83,378. CBRE Report: Spurred by Remote Work, Business Prioritizes ... The firm's latest North American Data Center Trends Report shows 329.6 megawatts (MW) of net absorption in 2020 across the seven primary U.S. data center markets. Driven by strong digitalisation, rising cloud adoption and ambitious growth plans of operators, data center industry's capacity in India is expected to double and exceed 1 gigawatt (GW) by 2023, said a JLL India report. According to a new mid-year report from Chicago-based JLL, data center construction in North America has so far increased 43% from 2016. Chestnut and Walnut Street retail visits drop precipitously in Philadelphia during COVID-19 pandemic. Year-to-date . The market for data centers is growing. Data Centers, the Cloud and You | Electrical Contractor ... Global colocation provider CyrusOne is to outsource the management of its US data centers to JLL, starting on January 1st, 2022, according to a report. JLL's proprietary data and technology tools combined with our strategic partnership with MCIM means we have the most-comprehensive data centre data and business intelligence platform in the world. When factoring in bonuses and additional compensation, a Data Center Technician at JLL can expect to make an average total pay of . After suffering the worst downturn in at least 40 years in 2020, the global economy has begun clawing its way back this year. Portugal Data Centre Overview June 2021. Office Market Update: Q1 2021 - JLL Global Data Center Investor Sentiment Survey 2021 95% of all investors surveyed are looking to increase their capital deployment in the data center sector . Read More . Q2 was quieter after a record Q1, however, activity is expected to regain pace in Q3. Indian Data Centre Industry Capacity To Double By 2023: JLL 3rdeyereports.com | ThirdEyeReports: Indian data center ... Near-record levels of data center construction led by North Virginia, according to JLL Data Center Outlook report, with London and Frankfurt leading Europe as Amsterdam stalls. In-depth Analysis and Data . "The demand momentum which picked up pace in 2020, continues to grow unabated. PRIVACY NOTICE March 23, 2021 LONDON - JLL's Data Centres report launched today reveals that increased cloud migration and technology adoption drove unprecedented activity in the data centre industry in 2020. Read More . October 4, 2021. The top major data center REITs, which are the major operators and providers of data centre space globally, saw a . When it comes to colocation data center providers, Equinix and Digital Realty Trust are the two largest players in the space, by far. Share: The rise in data consumption, largely driven by remote work and e-commerce, has sparked a boom in data center development across Asia Pacific. The acceleration of cloud adoption is also behind that growth. "The demand momentum which picked up pace in 2020, continues to grow unabated. Beginning January 2022, according to company email. July 14, 2021 Capital expenditure on data centres by the world's 20 largest tech companies from January 2020 to September 2020 totalled US$99 billion, a 16 percent increase from the same period in 2019. JLL Chief Economist and Head of Research & REIS (India) Dr Samantak Das said India's data center industry is expected to add 560 MW during 2021-23 leading to a real estate requirement of 6 mn sq ft. "The supply addition will be complemented by densification of racks and servers, sustainable energy sourcing and use of indigenous resources. Urban e-commerce tenant demand has nearly tripled this year in the U.S. Gather market insights from JLL's latest data centres report and delve deeper to understand the opportunities, implications and challenges across Asia Pacific. Data Center Industry Locations: Data-Driven Growth. Download JLL's 2021 H1 Data Center Outlook report for more insights. Read More See All Our India Research Reports. Share: The rise in data consumption, largely driven by remote work and e-commerce, has sparked a boom in data center development across Asia Pacific. The investment market remains very strong, with several large portfolio, M&A, and individual asset deals as new and . Global colocation provider CyrusOne is to outsource the management of its US data centers to JLL, starting on January 1st, 2022, according to a report. Share: The rise in data consumption, largely driven by remote work and e-commerce, has sparked a boom in data center development across Asia Pacific. Office Market Update: Q1 2021 Get a pulse of India's Office Real Estate Market with this quarterly report from JLL which covers recent movements in the demand & supply dynamics across cities May 13, 2021 Fill out this form to download report I would like to receive JLL Communications. By the BF Staff From the January/February 2020 Issue. David Barnett, JLL. Generally the personal information we collect from you are for the purposes of dealing with your inquiry. October 07, 2021 Comment. JLL is the brand . In North America, cloud dominated demand in 2020 and will continue to expand in primary markets in 2021. While first quarter global growth remains preliminary, data and modelling suggest that the economy grew at roughly 2.5% on an annualized basis in the first quarter of . December 23, 2021. The primary locations set to benefit are Mumbai (set to add 305MW) and Chennai (71.6MW), which are attracting data center . The Indian data center industry witnessed 46.4 MW absorption during H1 2021 - equivalent to 90% of supply addition during the period (H1 2021), indicating robust absorption growth. Indian data center industry capacity to double by 2023: JLL . Insatiable cloud demand across the globe. According to JLL's recent Data Center Outlook , key drivers . Data centre's outlook is optimistic. This estimate is based upon 3 JLL Data Center Technician salary report(s) provided by employees or estimated based upon statistical methods. City of Santa Clara Switzerland Data Center Market - Niche Real Estate Segment with Increasing Potential February 2021 . October 4, 2021. And according to JLL's latest data center report, the adoption of cloud services to store all this content is expected to double the size of the North American data center industry by 2021. The JLL report outlined several other major trends, including the following: JLL's industrial real estate report: Q3 trends point to record-setting 2021 More than 137.9 million square-feet (MSF) of industrial product was leased, a new 2021 high, according to data recently issued by Los Angeles-based industrial real estate firm JLL, in its "Q3 Industrial Report." Commissioning. By 2023, India's total power capacity for data centers is expected to . Kevin Imboden • 8/3/2021. Data center development rises to feed online boom. European Data Centres Q1 2021. JLL's 2020 Mid-Year Data Center Outlook finds data centers' resiliency and reliability established the sector as one of the few to perform strongly during the first half of the year. According to JLL's 'H1 2021 India Data Center Market Update', the acceleration of digitalisation has forced enterprises to scale up their IT infrastructure. Industrial market defies the odds in 2020 with record-setting year. JLL Research Report. The two real estate companies announced the deal in an email sent to customers last week, which was first reported in the Foundations newsletter. By 2023, India's total power capacity for data centers is expected to . December 23, 2021. SINGAPORE, 3 February 2021 - Asia Pacific's data centre is poised to enter a new cycle of growth, led by the region's larger emerging markets, according to a new study by JLL.Asia Pacific is home to three of the world's four most populous countries (mainland China, India, and Indonesia), providing attractive locations and fuelling a new cycle of operators and investors' opportunities. This report provides an in-depth review of the data center market with insights on supply and demand, pricing and valuations, capital markets activity and trends to watch in 2021. The overall construction pipeline in North America is expected to grow throughout the year to meet increasing demand from cloud and technology companies, while in Europe, the pipeline virtually stayed the same in the first half of 2021 compared to year-end 2020. Take India, where data center capacity rose 92 percent in the first half of 2021, according to JLL. Beginning January 2022, according to company email. According to the report, Phoenix ranks as a top location among all U.S. markets, performing second in the nation for year-over-year absorption, with 18.5 MW . December 23, 2021. The two real estate companies announced the deal in an email sent to customers last week, which was first reported in the Foundations newsletter. We take our responsibility to protect the personal information provided to us seriously. This report outlines the year-end review of industry's latest trends and what to expect in 2021. 2 Contents Key trends to watch for in 2019 State of the industry Close-up on local markets United States Asia Pacific Contributors 3 6 7 7 23 27. JLL Arranges $26.9M Loan for Refinancing of Indianapolis Apartment Community Posted on December 2, 2021 by Kristin Hiller in Indiana , Loans , Midwest , Multifamily The Lakes Apartments is spread . Hybrid workplaces drive heightened demand for data centers. Share: The rise in data consumption, largely driven by remote work and e-commerce, has sparked a boom in data center development across Asia Pacific. We discuss the current state of the industry, absorption, under construction news, local market activity, highlight mergers and acquisitions, and provide our outlook to year-end 2018. Dublin, Feb. 23, 2021 (GLOBE NEWSWIRE) -- The "Data Center Market - Global Outlook and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering. By 2023, India's total power capacity for data centers is expected to . Those are among the reasons that JLL is predicting that the demand for the data center industry in North America will double within five years — by 2021. Free Report: Top 7% . The first half of 2021 witnessed 46.4 MW absorption - equivalent to 90% of supply addition during the period. JLL identified five key themes in the year end of 2020. 92% year-on-year growth in third party data center (colocation) industry capacity addition at 51.8MW during H1 2021; Mumbai accounted for 49% share of the capacity . 2020 India Data Center Market Update Year-end review of industry's latest trends and what to expect in 2021 The year 2020 transformed human interaction across the globe. Our growing reliance on digital connectivity for working, learning and playing led to a sharp rise in data usage. Supply-chain challenges continue to push out deals and deployments. Sources: JLL Research, Nareit, FTSE Max Smolaks | Nov 24, 2021. By 2023, India's total power capacity for data centers is expected to . Americas Data Center Update: First Half of 2021. Read More . JLL is a Fortune 500 company with annual revenue of $16.6 billion in 2020, operations in over 80 countries and a global workforce of more than 95,000 as of September 30, 2021. JLL Brokers Sale of 227,041 SF South Frisco Village Retail Power Center Posted on December 14, 2021 by Taylor Williams in Acquisitions , Retail , Texas South Frisco Village totals 227,041 square feet. Industry capacity expected to double from 499MW in H1 2021 to 1008 MW by 2023. Share: The rise in data consumption, largely driven by remote work and e-commerce, has sparked a boom in data center development across Asia Pacific. READ MORE . JLL identified five key themes in the year end of 2020 1. While down 11 percent from the peak in 2019, 2020 absorption was still higher than any other year on record. Increasing digital usage fueled by remote work, e-commerce, online education, healthcare, gaming and entertainment has been driving demand for data centres as . Looking at the chart above, JLL's low point in its 52 week range is $132.49 per share, with $273.19 as the 52 week high point — that compares with a last trade of $234.91. data centers across the country.1 A major hypserscaler . Skyrocketing data usage, including streaming services and virtual connectivity, caused record demand for data centers in 2020, and the first half of 2021 got off to a strong start as well. Data Centers, once an afterthought for global enterprises, are now a cornerstone of the information economy, and well over $100 billion has poured into the asset class over the past decade, according to Cushman & Wakefield's Global Data Center Market Comparison. Of the seven markets covered in our latest U.S. update, a total of 1.2 GW is under construction, assisting with new supply to ease local area pressure. Cloud Computing, AI, and 5G Accelerate Growth of Data Center Development and Investment Around the World. Northern Virginia's data center hub remains king in 2021, specifically in the cloud industry, despite having a record year in 2020. The Indian data center industry witnessed 46.4 MW absorption during H1 2021 - equivalent to 90% of supply addition . Whatever your needs are — sale-leaseback, debt restructuring or recapitalization, capital sourcing, or strategic planning - we'll help you achieve your ambitions. View More . Near-record levels of data center construction led by North Virginia, according to JLL Data Center Outlook report, with London and Frankfurt leading Europe as Amsterdam stalls March 19, 2021 By Graeme Burton Be the first to comment 2. India Major Report - India Retail Reboot 2021. In today's digital world, the data center sits at the core of a company's business operations. The acceleration of digitalisation has forced enterprises to scale up their information technology (IT) infrastructure across the country. The point is that while their stocks may have cooled off for the time being, the long-term investment case for data centers is intact. With the impact of IoT and the rapid rise of smart devices, the need for businesses to store and analyse data is increasing exponentially. Take India, where data center capacity rose 92 percent in the first half of 2021, according to JLL. Jones Lang LaSalle Inc. JLL, -0.47% said Wednesday its third-quarter net income rose to $237.2 million, or $4.57 a share, from $131.9 million, or $2.52 a share, in the year-ago quarter. December 23, 2021. All retail property types are seeing . It is being driven by many factors, including big data, the Internet of Things (IoT), cloud computing and intelligent computing that data centers make possible.According to "July 2016—Data Center Outlook," a report by the consulting firm Jones Lang Lassalle (JLL), data center capability will rise significantly in Northern Virginia, the Northwest . #2 for data center growth. Take India, where data center capacity rose 92 percent in the first half of 2021, according to JLL. North American Data Center Trends Report H1 2021. At JLL, we have the most experienced and dynamic data center capital markets team in the industry. Download the latest report from our Data Center Research team for in-depth market knowledge and a true pulse on the market. Contents Global | Data Center Outlook | Midyear 2019 3 Key trends to watch for in 2019 State of the industry Close-up on local markets United States Asia Pacific Contributors Top . A ccording to JLL's 2019 Data Center Outlook report, the demand for data is altering the . Data center construction pipeline topped 600MW in the US at the end of 2020. Data from Placer.ai shows customers are returning to lifestyle centers. October 27, 2021 Dan Rabb, Bisnow Data Centers Reporter Publicly traded data center owner CyrusOne plans to outsource all U.S.-based data center operations to JLL. Jones Lang LaSalle Inc. JLL, -0.47% said Wednesday its third-quarter net income rose to $237.2 million, or $4.57 a share, from $131.9 million, or $2.52 a share, in the year-ago quarter. The top 20 lifestyle centers in the highest population U.S. markets report nearly 8.1 million visits occurred in August 2021 . Our seasoned, renowned experts are fully dedicated to achieving your ambitions. India's data centre industry has maintained the growth momentum of 2020. Dollars), Statista [2]Cisco Global Cloud Index 2018, Cisco Systems Leasing activity slowed down from the breakneck pace seen . 2021 Q2 EMEA Data Center Report. JLL released its mid-year U.S. data center report that notes — among other things — that Phoenix is ranked No. As a result of digital upgrades, a strong demand for colocation or cloud facilities, across India. The global economy is roaring back to life in 2021. Take India, where data center capacity rose 92 percent in the first half of 2021, according to JLL. DUBLIN, Feb. 24, 2021 /PRNewswire/ -- The "Data Center Market - Global Outlook and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.. In-depth Analysis and Data . . The public auction will be held at 11:00am on 14 December 2021 (Tuesday) and the property has a reserve price of HKD 522.1 million. JLL data states that when the flex share of an asset's total rentable building area hits 19% or greater, those assets generally underperformed their peers when it came to pricing. JLL is the brand . December 23, 2021. There's another data center operator set to go public in 2021. Philadelphia venture funding in 2020 second only to 2019 in last ten years. View Reports The colocation market in India is expected to double its power supply in the next two years, growing from 499MW in 2021 to 1,008MW in 2023, suggests research by real estate specialist JLL. U.S. data centre providers are responsible for 40 percent of the world's HDCs, of which many are choosing to build their own HDCs in Asia Pacific, while . Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. Industry capacity expected to double from 499MW in H1 2021 to 1008 MW by 2023. 92% year-on-year growth in third party data center (colocation) industry capacity addition at 51.8MW during H1 2021 . JLL reports fourth-quarter and full-year 2020 results with record operating cash flow . David Barnett is research director at JLL. Innovation in workplace technology is contributing to higher volumes of data across the board, and higher volumes of data, means higher demand for the facilities that process it. . Open-air centers, particularly those with essential tenants like grocery and drug stores, have performed consistently better since 2020, the JLL report says. Whether you need a 1,000-square-foot server room or a networked, multi-city data hub, our technology solutions experts can guide you to the most strategic intersection of technology and real estate. Take India, where data center capacity rose 92 percent in the first half of 2021, according to JLL. Indian data center industry capacity to. Industry capacity expected to double from 499MW in H1 2021 to 1008 MW by 2023; 92% year-on-year growth in third party data center (colocation) industry capacity addition at 51.8MW during H1 2021; Mumbai accounted for 49% share of the capacity addition [1]Hosting, storage, and computing cloud services market revenue in the World from 2016 to 2021 (in billion U.S. Global . Indian data center industry capacity to double by 2023: JLL. Data Center Report 2021 | São Paulo Discover the e-book with everything you need to know about the market, which is increasingly vital to ensure the security of your company's data. By 2023, India's total power capacity for data centers is expected to . year-end and into early 2021. Atlanta, Phoenix, and Chicago recorded large land purchases where new facilities will meet cloud demand. Atlanta, Phoenix, and Chicago recorded large land purchases where new facilities will meet cloud demand. JLL announces details of fourth quarter 2021 earnings release and conference call JLL will release its fourth quarter 2021 results Monday, February 28, 2022, at approximately 7:30 a.m. Eastern time JLL is a Fortune 500 company with annual revenue of $16.6 billion in 2020, operations in over 80 countries and a global workforce of more than 95,000 as of September 30, 2021. National Data Center September 13, 2021 Dan Rabb, Bisnow Data Centers Reporter The geography of the data center industry throughout North America may be on the verge of significant transformation,. Insatiable cloud demand across the globe In North America, cloud dominated demand in 2020 and will continue to expand in primary markets in 2021. In 2021, we expect to see traditionally non-data-center investors and developers actively explore opportunities in the sector, either to back startups with good management . 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