Despite an expanding pipeline, data centre demand continues to outpace supply across the Americas, resulting in consistently declining vacancy rates. Canada's largest data centre market, Toronto, saw vacancy decline from five to four per cent so far in 2024.
Fengate Asset Management is making a $1.8 billion investment into eStruxture Data Centers to provide capacity to expand its nationwide network. “The record-breaking investment is the single biggest to ever be made in the Canadian data centre sector."
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