The Data Centre sector, globally, attracts investments, and in Italy has recorded from 2013 to 2021 transactions for 750,000 sqm and a value of EUR 650 million. This is confirmed by the latest Report published by Cushman & Wakefield entitled 'Italy Data Centre', which defines the market in our country as not yet mature, but in strong expansion.
Italy is becoming a focal point for connectivity between Europe, the Middle East and Africa, thanks to the multi-fibre submarine cable that will connect Telecom Italia Sparkle's Sicily Hub in Palermo with the new landing station in Genoa, directly connected to Milan's rich digital ecosystem.
There are currently 80 Data Centres in Italy, the importance of which appears even more crucial in light of the National Recovery and Resilience Plan (PNRR) that focuses on digitisation, with around 21% of PNRR resources (around EUR 40,32 billion) earmarked for energy transition, sustainable mobility, education, research and healthcare.
Lombardy is the most developed Italian region for data centres and the location with the highest concentration is Milan, supported by the strong financial and engineering sectors. The main area of interest and development for the Data Centre market is the Western area (Settimo Milanese-Cornaredo).