What version of cmake are you using? cmake does not seem to be a very happy bunny. Also, it seems to be trying to do stuff in C:\Program Files\EqEmu.
Code:
15> CMake Error at shared_memory/cmake_install.cmake:70 (file):
15> file cannot create directory: C:/Program Files/EQEmu. Maybe need
15> administrative privileges.
tbh I have no idea why it wants to create a directory under C:\Program Files\. IF you've altered something to make it do so, I'd recommend changing it to a folder that is NOT under C:\Program Files\ as the OS will give you a headache as it "locks down" that folder and it's sub folders.
Either way, it might be worth running CMAKE and Visual Studio as Administrator while doing the compile, just in case. It won't hurt, at least.
And if you get really pissed off, there's always the repack
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