Colliers Data Center Capex and Sites
Colliers reported US data center deal volume of $57B in 2024 versus $26B in 2023, with $29B pending. It subsequently reported global data center investment exceeding $580B in 2025, up 27%, beating oil and gas investment for the first time, and forecasts US 2026 investment of $500B.
Reported and guided spending
Audited, reported and guided figures as the filing or release states them. Reported lines are what was spent, and guidance is what management expects. They sit side by side and are never combined.
| Period | Kind | Amount | As stated | Sources |
|---|---|---|---|---|
| FY2024 | reported | $57.0B | US data center deal volume reached $57B in 2024 versus $26B in 2023, with $29B pending. Market-wide deal volume tracked by Colliers, not Colliers' own capital. |
|
| FY2025 | reported | $580B | Global data center investment exceeding $580B in 2025, up 27%, beating oil and gas investment for the first time. Global market-wide investment tracked by Colliers. |
|
| FY2026 forecast | guidance | $500B | US 2026 forecast of $500B in data center investment. Market forecast, not company guidance for Colliers itself. |
Where Colliers builds
Financing transactions
Sourced facts on Colliers
- US data center deal volume reached $57B in 2024 versus $26B in 2023, with $29B pending.
- Colliers reported global data center investment exceeded $580B in 2025, up 27%, beating oil and gas investment for the first time, with a US 2026 forecast of $500B.
Sources for Colliers
Every source cited on this page, once each.
- commercialobserver.comCommercial Observer
- datacenterdynamics.comDCD
More in the Index
Capital figures come from the Capital Atlas, refreshed every Tuesday, Thursday and Saturday. Site commitments overlap reported capital expenditure and overlap one another, so each figure appears as its source states it and none are added into a single deployment number. Informational, not investment advice.
Seven references, one system
Capital, delay, policy, water, grid, permits and scarcity are one system seen from seven sides. Each reference is primary-sourced, refreshed on a schedule, and links into the others, so a project can be followed from the money committed to the docket that stopped it.