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With more than $2 billion in yearly revenues, Savills is now gearing up for a mass hire of data centre talent as the sector investment landscape promises another decade of strong deals demand.
Founder and Editor, The Tech Capital
November 11, 2021 | 7:00 AM GMT
Real estate services provider Savills Plc (LON: SVS) has launched its EMEA data centre advisory team with the appointment of Scott Newcombe, Head of EMEA Data Centre Advisory at Savills.
Based in London, the team will form part of the FTSE 250 firm’s growing EMEA industrial and logistics offer vertical.
Newcombe has more than 30 years’ experience in the IT and data centre sectors, both in the UK and internationally.
He joins Savills having most recently worked for Digital Realty (NYSE: DLR) where he worked with key clients to provide data centre solutions including colocation, shell and core to scale and build to suit facilities.
Prior to this, Scott also held roles with both global and London based data centre operators, including Colt DCS and Infinity SDC.
At Savills, Newcombe will play an instrumental role in launching a dedicated data centre team to capitalise on the significant demand for this type of specialist asset class.
This will include advising across the entire life cycle, from site identification, acquisition, commercialisation and the disposal of fully occupied and operational facilities.
Newcombe said: “I am excited to be joining Savills at such a pivotal time for the sector. The pandemic has proven the critical importance of online infrastructure and this, coupled with the continued development of 5G, terrestrial and subsea networks across Europe has created significantly more demand for data centres in both established and emerging markets.”
Marcus de Minckwitz, EMEA head of industrial & logistics at Savills, added: “The data centre market is a phenomenal growth area for the real estate market, but it is also very specialised, for this reason we are delighted to welcome Scott to Savills in order to lead this new team.
“His experience and background as a true data centre expert working for some of the world’s leading owners and operators brings a new and unique perspective to real estate consultancy in this market, which we look forward to offering to Clients.’
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