Key points include:
- Q4 was the busiest quarter with 95MW of new supply coming online and 70MW take-up. The majority of this activity was in London and Frankfurt
- A total 175MW of new supply was added in 2020, down 145MW compared with 2019
- Take-up for 2020 was 201MW, above our pre-COVID estimate of 197MW
- Deals accounting for more than 440MW of new customer supply were signed during 2020, but 270MW of this was pre-committed for take-up in future years
- Hyperscalers account for 80% of demand across the FLAP markets
