SAN FRANCISCO, Dec. 18 /PRNewswire-FirstCall/ -- Digital Realty Trust,
Inc. (NYSE: DLR), the leading owner and manager of corporate and Internet
gateway datacenters, completed a Turn-Key Datacenter(TM) lease agreement with
BT Global Financial Services, one of the leading providers of networked IT
services to the global financial community. Under this agreement, BT will
establish a new datacenter in a Digital Realty Trust property in the New York
City metro area to support the company's IT infrastructure.
"We have had the pleasure of working with BT's Global Financial Services
division in the past, and it is a great validation that the company has chosen
to work with us once again," said Brent Behrman, Vice President of Enterprise
Sales at Digital Realty. "By working with our team, companies like BT benefit
from our expertise in technology real estate and datacenter development. Our
Turn-Key Datacenter(TM) model allows customers to reduce the upfront capital
costs for these critical projects while accelerating their time to market."
Digital Realty Trust Turn-Key Datacenter(TM) facilities provide
state-of-the-art environments for supporting mission critical infrastructure,
with advanced cooling, power, redundancy, and sustainability features to
ensure that critical applications are available while optimizing energy
efficiency. Digital Realty Trust's Turn-Key Datacenters(TM) are scalable from
hundreds of kilowatts of IT Load to megawatts of IT load and are located in
markets throughout North America and Europe. Each Turn-Key Datacenter(TM)
facility is physically secure and features a state-of-the-art power and
cooling architecture that has been optimized for green operation. Every
Turn-Key Datacenter(TM) is built using the company's proprietary POD
Architecture(TM) and uses metered power to ensure that clients pay only for
the power that they use.
About Digital Realty Trust, Inc.
Digital Realty Trust, Inc. owns, acquires, redevelops, develops and
manages technology-related real estate. The Company is focused on providing
Turn-Key Datacenter(TM) and Powered Base Building(TM) datacenter solutions for
domestic and international tenants across a variety of industry verticals
ranging from information technology and internet enterprises, to manufacturing
and financial services. Digital Realty Trust's 74 properties, excluding one
property held as an investment in an unconsolidated joint venture, contain
applications and operations critical to the day-to-day operations of
technology industry tenants and corporate enterprise datacenter tenants.
Comprising approximately 12.9 million rentable square feet as of November 5,
2008, including 1.6 million square feet of space held for redevelopment,
Digital Realty Trust's portfolio is located in 27 markets throughout North
America and Europe. For additional information, please visit Digital Realty
Trust's website at http://www.digitalrealtytrust.com.
Safe Harbor Statement
This press release contains forward-looking statements which are based on
current expectations, forecasts and assumptions that involve risks and
uncertainties that could cause actual outcomes and results to differ
materially. These risks and uncertainties include adverse economic or real
estate developments in the Company's markets, reductions in information
technology spending; general economic slow-downs or recessions; construction
and development delays, difficulties in or inability to lease space, failure
to commence rental payments on time under signed leases; tenant bankruptcies;
defaults under leases by tenants; increased interest rates; increased
operating costs; failure to obtain necessary outside financing; decreased
rental rates or increased vacancy rates; difficulties in identifying
properties to acquire and completing acquisitions at all or at acceptable
return levels; failure to successfully operate acquired properties and
operations; failure of acquired properties to perform as expected; reductions
in property values; failure to successfully redevelop properties acquired for
such purposes or unexpected costs related thereto; failure to maintain the
Company's status as a REIT; environmental uncertainties and risks related to
natural disasters; financial market fluctuations; changes in foreign currency
exchange rates; risks of operating in foreign markets; and changes in real
estate and zoning laws and increases in real property tax rates. For a
further list and description of such risks and uncertainties, see the reports
and other filings by the Company with the United States Securities and
Exchange Commission, or SEC, including the Company's annual report on Form
10-K for the year ended December 31, 2007 and the Company's quarterly reports
on Form 10-Q for the quarters ended March 31, 2008, June 30, 2008 and
September 30, 2008. The Company disclaims any intention or obligation to
update or revise any forward-looking statements, whether as a result of new
information, future events or otherwise.
For Additional Information:
A. William SteinPamela A. Matthews
Chief Financial Officer and Investor/Analyst Information
Chief Investment Officer Digital Realty Trust, Inc.Digital Realty Trust, Inc. +1 415-738-6500
+1 415-738-6500
Chris Crosby
Sales & Technical Services
Digital Realty Trust, Inc.
+1 214-231-1350
SOURCE Digital Realty Trust, Inc.