Digital Realty Trust Completes New Lease Agreement With IBM
Digital Realty Trust Completes Second Turn-Key Datacentre(SM) Lease Agreement with IBM in
“Our goal is to be a true partner to our customers, by supporting their datacentre strategy and ensure the expansion of their IT teams and facilities through our expertise and resources. This new agreement with IBM in
Digital Realty Trust Turn-Key Datacentre(SM) facilities provide state-of-the-art environments to house mission critical infrastructure, by providing advanced cooling, power, redundancy, and sustainability features. This guarantees that critical applications are available while optimising energy efficiency. Digital Realty Trust’s Turn-Key Datacentres(SM) are scalable from hundreds of kilowatts of IT Load to megawatts of IT load and are located in markets throughout
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
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; general economic slow-downs or recessions; reductions in information technology spending; difficulties in or inability to lease space, including redeveloped space; construction and development delays; increased development costs; tenant bankruptcies or defaults under leases by tenants; failure to commence rental payments on time under signed leases; 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; completing acquisitions at all or at acceptable return levels; failure to successfully operate properties; failure of existing, acquired or redeveloped properties to perform as expected; reductions in property values; 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, including the Company’s annual report on Form 10-K for the year ended
For Additional Information:
A. William Stein Pamela A. Matthews
Chief Financial Officer Investor/Analyst Information
and Chief Investment Officer Digital Realty Trust, Inc.
Digital Realty Trust, Inc. +1-415-738-6500
+1-415-738-6500
Bernard Geoghegan
Senior Vice President
International Operations
Digital Realty Trust, Inc.
+353-1-2450650
SOURCE Digital Realty Trust, Inc.
