Published:
Digital Realty Trust Announces New Turn-Key Datacentre(TM) Lease Agreement With IBM in Paris
PARIS andLONDON, Oct. 9 /PRNewswire-FirstCall/ -- Digital Realty Trust,
Inc. (NYSE: DLR), the leading owner and manager of corporate and Internet
gateway datacentres, has completed a Turn-Key Datacentre(TM) lease agreement
with IBM. Under this agreement, IBM will establish a new hosting datacentre in
Digital Realty Trust's property located in suburbanParis.
"IBM understands the value of green datacentre design both in terms of the
impact on the bottom line and its importance for corporate responsibility. It
is great to work with a company such as Digital Realty Trust that is taking
such a forward-looking approach to energy efficient datacentre design,"
commented Francois Domine, Directeur IBM Business Continuity & Security
Services IBM Global Technology Services -- FranceNorthwest Africa.
"We are very pleased to establish our relationship with IBM inFrance with
this new Turn-Key Datacentre(TM) agreement," said Bernard Geoghegan, Senior
Vice President,Europe of Digital Realty Trust. "In terms of speed to market,
with our Turn-Key Datacentre(TM) product based on our POD Architecture(TM) we
are able to meet the datacentre requirements of customers such as IBM in six
to eight weeks from the time we come to an agreement -- well ahead of current
industry standards."
This new datacentre is an example of Digital Realty Trust's industry
leadership in advancing the energy efficiency and reducing the environmental
impact of datacentre facilities. This new Turn-Key Datacentre(TM) will be the
first release of the new POD Architecture(TM) design inParis. POD
Architecture(TM) design configuration and construction methodology developed
by Digital Realty Trust promotes the energy efficiency needed for green
datacentre operation.
"Even in today's challenging economic climate, theParis market is seeing
constant and steady demand. The price of power inFrance combined with our
energy efficient design makes ourParis facility a preferred infrastructure
solution for many large customers and system integrators," added Geoghegan.
Digital Realty Trust Turn-Key Datacentre(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 optimising energy
efficiency. Digital Realty Trust's Turn-Key Datacentres(TM) are scalable from
hundreds of kilowatts of IT Load to megawatts of IT load and are located in
markets throughoutEurope andNorth America. Each Turn-Key Datacentre(TM)
facility is physically secure and features a state-of-the-art power and
cooling architecture that has been optimised for green operation. Every
Turn-Key Datacentre(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 Datacentre(TM) and Powered Base Building(TM) datacentre 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 and corporate enterprise datacenter tenants. Comprising
approximately 12.9 million rentable square feet as of August 6, 2008,
including 1.9 million square feet of space held for redevelopment, Digital
Realty Trust's portfolio is located in 27 markets throughoutEurope andNorth
America. 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 or the technology industry;
general economic conditions or recession; construction and development delays,
termination of leases by tenants; increased interest rates and operating
costs; inability to manage domestic; failure to obtain necessary outside
financing; decreased rental rates or increased vacancy rates; difficulties in
identifying properties to acquire and completing acquisitions at acceptable
return levels; failure to successfully operate acquired properties and
operations; failure of acquired properties to perform as expected; 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 and June 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.
A. William Stein
Chief Financial Officer and
Chief Investment Officer
Digital Realty Trust, Inc.
+1 415-738-6500
Pamela A. Matthews
Investor/Analyst Information
Digital Realty Trust, Inc.
+1 415-738-6500
Chris Crosby
Sales & Technical Services
Digital Realty Trust, Inc.
+1 214-231-1350
SOURCE Digital Realty Trust, Inc.
Copyright © 2008, PRNewswire
Copyright © 2008, NewsBlaze,
Daily News
Tags: ,FIN,RLT,ENV,CPR,NET,RLE,CSR,DigitalRealty-TurnKey
_ _Is your favorite bookmark site missing?
Ask for it.