Regional Markets

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CBRE: Tentative Recovery for European Market

Demand for carrier-neutral data center space in top European markets remains “tentative,” but a gradual recovery is leading to absorption of available supply, setting the stage for new construction in key markets, according to CBRE. Read More

Japan’s Softbank Turns to Korea for Cloud Backup

Japanese telecom and media giant Softbank will partner with Korean wireless firm KT Corp. to build data centers in South Korea, the companies said this morning. The $65 million joint venture is designed to offer cloud computing services, with an emphasis on disaster recovery services for Japanese firms. Read More

Washington State Incentive Bill Advances

A bill in Washington state extending a sales tax exemption deadline to spur data center construction passed the state Senate this week, and now goes to the house. Passage would mean a 10-year extension of tax incentives for some data center projects. Read More

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