The rapid expansion of compute resources is hampered by a shortage of power and extended lead times for critical electrical infrastructure, causing delays.
Despite the supply constraints, DC capacity in major markets increased by 10 percent in H1 2024, with much of the new capacity already allocated.
The overall vacancy rate for datacenters is exceptionally low at just 2.8 percent in primary markets, indicating high demand and limited supply.
The average monthly asking rate in primary markets rose to $174 per kilowatt per month, reflecting the ongoing pressure of supply and demand dynamics.
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