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Burgoyne, who is a partner in the firm’s valuations team, will take on an international remit and formally lead its valuations offer in the data centres sector.
He has over a decade of valuation experience and joined Knight Frank in 2013, and will now concentrate on expanding the firm’s EMEA and APAC data centres valuations services, with a focus on providing valuation advice to operators, landowners, major institutional investors and real estate companies.
Leung joins the team as a surveyor after working in Hong Kong for several years, including at both CBRE and List Sotheby’s International Realty, while Quacquarelli joins as a graduate following rotations in the firm’s analytics and valuations teams, bringing the team to 13 globally.
Stephen Beard, co-head of global data centres at Knight Frank, said: “We are thrilled to grow the team further with the promotion of Alex and appointments of Jonathan and Lizzie.
“Alex’s role will ensure we have valuation resources in all the major and emerging data centre markets and will be crucial in further building our global remit, working closely with our international occupier and capital markets teams.”
Knight Frank’s global team said it had undertaken 40 data centre transactions in the past 12months, including co-location acquisition, land acquisition and platform deals totalling a combined value of $2bn (£1.53bn).
The firm said the data centre market has seen a significant increase in demand, with a record $34.9bn invested into the sector globally in 2020, while last year, EMEA markets experienced an 11% rise in take-up year-on-year and a 19% increase in new supply.
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