AI requires changed infrastructure

08
Jul
2024
News - AI requires changed infrastructure #Czech Republic #industrial #investments #report

by Property Forum | Report

According to the report by Savills and Statista (statista.com), the European AI market is expected to reach €76.5 billion this year, up by 25.9% compared to 2023. The annual growth rate is expected to be 15.9% until 2030. These numbers confirm that artificial intelligence is gaining traction across industrial sectors, and data centres will be no exception. 


AI requires larger data centres, preferably in regions with abundant green resources. It will strengthen cybersecurity and reduce the environmental footprint. „Many specialised AI data centres are not location-dependent and are therefore likely to be concentrated in regions with multiple energy resources, especially green energy, “says Ondřej Míček, Head of Industrial Agency at Savills. 

On the other hand, with the rise of AI-based services and applications that require fast data processing, the importance of edge data centres located close to where the data is generated will grow, to minimize latency. Ondřej Míček adds: "Artificial intelligence is beneficial for data centres, but on the other hand it changes their requirements. It is particularly useful in the optimisation of resources, cybersecurity or reducing the environmental footprint of data centres. At the same time, AI changes the infrastructure and, due to the growing capacity of storage and hardware, requires larger spaces." In the field of cybersecurity, AI technologies can detect potential data centre security threats and can quickly respond to mitigate risks.




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New leases

  • E-commerce player 4M Pro&Invest has leased nearly 4,100 sqm of warehouse space in Panattoni Park Poznań XIV. This agreement marks the completion of the leasing of the two completed phases of the development.
  • Panattoni has commenced construction on the latest phase of Panattoni Park Gorzów II, developing a bespoke BTS warehouse for DPD Polska. The facility will encompass 5,300 sqm tailored to the courier company’s operational requirements. DPD Polska is scheduled to begin operations at the new site in August 2026.
  • Romanian strategic advisory firm Infinexa Restructuring has relocated its HQ to GTC’s City Gate South Tower in Bucharest. The move supports their integrated approach to delivering complex debt restructuring, insolvency mandates, and preventive procedures for distressed companies.

New appointments

  • Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.
  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
  • iO Partners has announced key leadership changes within its Czech Republic operations as part of its ongoing business evolution. Milan Kilik has been appointed as the new Head of Office Leasing, with a particular focus on client advisory and team collaboration. Concurrently, Petr Kareš has transitioned into the role of Occupier Business Development Director. In this new capacity, he will be responsible for identifying new market opportunities and integrating services across Tenant Representation, Project Management, and Industrial Leasing.


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