• 2021 is shaping up to be a record year for new supply, with 400MW already in or through planning for development
  • Frankfurt (with 137MW) will see the highest amount of new supply in 2021, followed by London then Paris
  • There is currently 85MW of supply scheduled to come online across FLAP in Q4, we suspect local lock-down measures will lead to a reduction in this amount
  • Vacancy rates for 2021 and 2022 are currently forecast at 22% and 27% respectively, however many of these sites are not yet under construction