For Interxion, a 38% revenue growth and 33% EBITDA are not to be sneezed at – even if EBITDA is adjusted. There is still a significant shortage of computer room capacity in the European market. I am finding quite significant price increases in Frankfurt that the vendors are quite firm on. A sign that we are still in a buyers market.

Data Center real estate values are mainly M&E residuals rater than convention price per square meter. Problem is many data center investors are looking at too long a depreciation cycle on their investment which distorts returns.

Steve

Also makes you wonder just how many more players that market can take and how much it will grow – as it does not seem to be an asset backed facility, the bank and the share holders must be seeing YoY double digit growth as the norm going forward.

For Interxion, a 38% revenue growth and 33% EBITDA are not to be sneezed at – even if EBITDA is adjusted. There is still a significant shortage of computer room capacity in the European market. I am finding quite significant price increases in Frankfurt that the vendors are quite firm on. A sign that we are still in a buyers market.

Data Center real estate values are mainly M&E residuals rater than convention price per square meter. Problem is many data center investors are looking at too long a depreciation cycle on their investment which distorts returns.

Steve

Also makes you wonder just how many more players that market can take and how much it will grow – as it does not seem to be an asset backed facility, the bank and the share holders must be seeing YoY double digit growth as the norm going forward.