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Occupancy Rate By Geography
Shows the percentage of occupied space in data centers across different areas, reflecting demand and efficiency in utilizing available resources.North America’s occupancy has been a steady mid‑80s backstop, but the material story is international: APAC and Africa both flipped into the low‑to‑mid‑80s since late‑2024 after multi‑quarter recoveries, implying renewed leasing demand and successful backfills overseas. Managed and unconsolidated portfolios remain at very high occupancy, and the new Americas/EMEA line items show concentrated, high‑quality utilization—all supportive of recurring revenue and pricing leverage. Note the 2022 zero outlier in the managed series as a data anomaly; sustained trends, not one quarter, matter for FFO upside and regional exposure.
Date | North America | Europe | APAC | Africa | Managed Unconsolidated Portfolio | Non-Managed Unconsolidated Portfolio | Americas | EMEA |
|---|---|---|---|---|---|---|---|---|
Jun 30, 2026 | 0.00 | 0.00 | 84.10 | 0.00 | 0.00 | 0.00 | 95.70 | 82.10 |
Mar 31, 2026 | 0.00 | 0.00 | 84.60 | 0.00 | 0.00 | 0.00 | 93.80 | 83.70 |
Dec 31, 2025 | 0.00 | 0.00 | 84.20 | 0.00 | 0.00 | 0.00 | 93.60 | 83.80 |
Sep 30, 2025 | 85.50 | 78.40 | 82.70 | 82.90 | 93.50 | 83.10 | ― | ― |
Jun 30, 2025 | 84.70 | 78.40 | 81.40 | 83.30 | 94.50 | 85.30 | ― | ― |
Mar 31, 2025 | 85.00 | 76.90 | 81.80 | 82.90 | 93.30 | 83.90 | ― | ― |
Dec 31, 2024 | 85.50 | 77.30 | 81.20 | 82.80 | 91.80 | 83.00 | ― | ― |
Sep 30, 2024 | 85.40 | 77.30 | 81.80 | 79.70 | 93.40 | 82.60 | ― | ― |
Jun 30, 2024 | 84.50 | 78.00 | 77.60 | 79.50 | 94.00 | 82.50 | ― | ― |
Mar 31, 2024 | 84.40 | 76.20 | 77.00 | 77.80 | 91.90 | 85.20 | ― | ― |