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What’s driving growth in European data centres?

Author: Kirill Zavodov

An introduction to European data centres and uncover why this is a secular growth trend, as well as a high conviction view at PIMCO. In this exclusive video, Kirill Zavodov, Portfolio Manager, discusses the outlook ahead and opportunities in this space with Russell Poole, CEO, Apto Ltd.

Demand for data centers in Europe is being driven by increased use of the internet. It’s embedded now in everyday life with adoption of cloud services by enterprises and most recently by AI, which is a brand new trend providing massive requirements for increased data center capacity.

In addition to that, data centers represent the critical infrastructure that underpin the digital economy that is driven by a number of trends, including increased connectivity, and increased density of internet traffic that are now being turbocharged by AI. In this context, how do think about the development of the data centers?

 
 

Watch the full video here

For Professional Investors Only. PIMCO Europe Ltd (Company No. 2604517) is authorised and regulated by the Financial Conduct Authority (12 Endeavour Square, London E20 1JN) in the UK. PIMCO Europe Ltd services are available only to professional clients as defined in the Financial Conduct Authority’s Handbook and are not available to individual investors, who should not rely on this communication. ©2023, PIMCO Past performance is not a guarantee or a reliable indicator of future results.

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