"At the start of 2025, 2,870 megawatts of new data centre capacity is under construction in EMEA, with nearly 64% of this capacity pre-let, largely to cloud providers and, increasingly, AI firms. The exponential growth in data volumes continues to drive demand for facilities with sufficient capacity for data storage and processing. However, these facilities have been in short supply for a long time," says Ondřej Míček, Head of Industrial at Savills. The fact that data center capacities in the Czech Republic are insufficient is also confirmed by České Radiokomunikace, which is expanding its Tower data center in Prague's Žižkov district due to rising demand. "The number of data centers globally, their capacities, and locations across various countries can be monitored on DataCenterMap.com, which currently tracks more than 20 operational data centers in Prague," adds Ondřej Míček.

Surging data use attracts investors
Currently, data centres are one of the most attractive real estate asset classes for investors. Surging demand—fuelled by tech giants and AI startups competing for prime locations—has enabled developers and operators to command premium rents and secure long-term leases. The investment boom has been further supported by robust rental growth, low vacancy rates, and strong institutional appetite. However, sales of data centers are still almost non-existent in the Czech Republic.

Future demand
Looking ahead, the investment outlook for European data centres remains highly positive. Demand for capacity is set to continue to rise, fuelled by AI-driven workloads, expanding cloud services, and the digitalisation of industries.