Release Details

Neuberger Berman to Establish Mission Critical Datacenter in Digital Realty Trust Facility

SAN FRANCISCO, April 27 /PRNewswire-FirstCall/ -- Digital Realty Trust, Inc. (NYSE: DLR), the world's largest wholesale datacenter provider, has completed a new Turn-Key Datacenter(SM) lease agreement with Neuberger Berman (www.nb.com), the global asset management firm. Through this agreement, Neuberger Berman will establish a large datacenter in a Digital Realty Trust Turn-Key Datacenter(SM) facility in the northeastern United States.

"This Data Center will be a key element of Neuberger Berman's IT infrastructure, supporting advanced applications that will enable us to continue to serve our customers while growing each segment of our business as an independent asset management firm. It was important that we select an advanced facility designed and operated by a partner like Digital Realty Trust with expertise in datacenter facilities, and we did so after a thorough diligence process," said Paul Metzger, Senior Vice President for Information Technology at Neuberger Berman. "This space enables us to pursue an accelerated timeline for our datacenter project because it is ready to move into immediately with all of the security, redundant power and technical specifications to support and protect our IT systems."

"Companies in the financial services and brokerage industry have technical requirements for their datacenters that make facility selection a very important decision. These datacenters need to be located in facilities with a combination of features that are difficult to find, including advanced power and disaster recovery systems, ultra low-latency fiber connectivity, dedicated infrastructure, superior physical security and more," said Chris Crosby, Senior Vice President of Digital Realty Trust. "That is why leading financial services companies such as Neuberger Berman choose to partner with Digital Realty Trust for their datacenter projects. We are proud to be supporting Neuberger Berman's IT strategy with this project."

Digital Realty Trust Turn-Key Datacenter(SM) 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(SM) 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(SM) 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(SM) is built using the company's proprietary POD Architecture(SM) and uses metered power to ensure that clients pay only for the power that they use.

About Digital Realty Trust, Inc.

Digital Realty Trust owns, acquires, redevelops, develops and manages technology-related real estate. The Company is focused on providing Turn-Key Datacenter(SM) and Powered Base Building(SM) 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 75 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 13.0 million square feet as of February 26, 2009, including 1.6 million square feet of space held for redevelopment, Digital Realty Trust's portfolio is located in 27 markets throughout Europe and North America. For additional information, please visit Digital Realty Trust's website at http://www.digitalrealtytrust.com.

About Neuberger Berman

Established in 1939, Neuberger Berman is an investment advisory company serving individuals, families, and taxable and non-taxable institutions with a broad range of investment products, services and strategies. Neuberger Berman engages in wealth management services including private asset management, mutual funds, institutional management and alternative investments. For further information about Neuberger Berman please visit www.nb.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 the impact of the current deterioration in the global economy, including the turmoil in the financial and credit markets; the downturn of local economic conditions in our geographic markets; decreases in information technology spending, including as a result of economic slowdowns or recession; adverse economic or real estate developments in our industry or the industry sectors that we sell to; decreases in real estate valuations and resulting impairment charges; our dependence upon significant tenants; bankruptcy or insolvency of one or more major tenants or a significant number of smaller tenants; defaults on or non-renewal of leases by tenants; our failure to obtain necessary debt and equity financing for refinancing current debt obligations, undertaking or completing redevelopment, completing acquisitions or other purposes; increased interest rates and operating costs; our failure to repay debt when due or our breach of covenants or other terms contained in our loan documents; financial market fluctuations; changes in foreign currency exchange rates; our ability to manage our growth effectively; difficulty acquiring or operating properties in foreign jurisdictions; our failure to successfully operate acquired or redeveloped properties; risks related to joint venture investments, including as a result of our lack of control of certain of these investments; delays or unexpected costs in development or redevelopment of properties; decreased rental rates or increased vacancy rates; increased competition or available supply of data center space; inability to successfully redevelop and lease new properties and space held for redevelopment; difficulties in identifying properties to acquire and completing acquisitions; our inability to acquire off-market properties; our inability to comply with the rules and regulations applicable to public companies; our failure to maintain our status as a REIT; possible adverse changes to tax laws; restrictions on our ability to engage in certain business activities; environmental uncertainties and risks related to natural disasters; changes in foreign laws and regulations, including those related to taxation and real estate ownership and operation; 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, including the Company's annual report on Form 10-K for the year ended December 31, 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 Stein            Pamela A. Matthews             Chris Crosby
    Chief Financial Officer     Investor/Analyst Information   Sales &
    and Chief Investment        Digital Realty Trust, Inc.     Technical
    Officer                     +1 415-738-6500                Services
    Digital Realty Trust, Inc.                                 Digital
    +1 415-738-6500                                            Realty
                                                               Trust, Inc.
                                                               +1 214-231-1350

SOURCE Digital Realty Trust, Inc.