Digital Realty Announces Closing of Offering of 5.875% Series G Cumulative Redeemable Preferred Stock

  Digital Realty Announces Closing of Offering of 5.875% Series G Cumulative
                          Redeemable Preferred Stock

PR Newswire

SAN FRANCISCO, April 9, 2013

SAN FRANCISCO, April 9, 2013 /PRNewswire/ -- Digital Realty Trust, Inc. (the
"Company" or "Digital Realty") (NYSE: DLR) today announced the closing of an
underwritten public offering of 10.0 million shares of 5.875% Series G
Cumulative Redeemable Preferred Stock (the "Series G Preferred Stock") at a
price of $25.00 per share for gross proceeds of $250.0 million (including 1.0
million shares pursuant to the partial exercise of the underwriters'
over-allotment option). The Series G Preferred Stock has been admitted for
trading on the New York Stock Exchange under the symbol "DLR Pr G".

The Company intends to contribute the net proceeds from this offering to its
operating partnership, Digital Realty Trust, L.P., which will subsequently use
the net proceeds received from the Company to temporarily repay borrowings
under its global revolving credit facility, to acquire additional properties,
to fund development opportunities, for general corporate purposes, including
potentially for the repurchase, redemption or retirement of outstanding debt
or preferred equity securities, or a combination of the foregoing. The
offering was made pursuant to an effective shelf registration statement,
prospectus and related prospectus supplement filed by the Company with the
Securities and Exchange Commission.

Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan Stanley & Co. LLC
and Wells Fargo Securities, LLC were the joint book-running managers for the

A final prospectus supplement related to the offering was filed with the
Securities and Exchange Commission on April 3, 2013. A copy of the final
prospectus supplement may be obtained by contacting Merrill Lynch, Pierce,
Fenner & Smith Incorporated, 222 Broadway, New York, NY 10038, Attention:
Prospectus Department (email:; Morgan
Stanley & Co. LLC, 180 Varick Street, 2nd Floor, New York, New York 10014,
Attention: Prospectus Department (telephone: 1-866-718-1649 or email:; or Wells Fargo Securities, LLC, 1525 West W.T.
Harris Blvd., NC0675, Charlotte, NC 28262, Attention: Capital Markets Client
Support (telephone: 1-800-326-5897 or email:

This press release is for informational purposes only and is not an offer to
sell or the solicitation of an offer to buy with respect to any securities in
any jurisdiction in which such offer, solicitation or sale would be unlawful.
The offering was not made in any jurisdiction in which the making or
acceptance thereof would not be in compliance with the securities, blue sky or
other laws of such jurisdiction.

About Digital Realty
Digital Realty Trust, Inc. focuses on delivering customer driven data center
solutions by providing secure, reliable and cost effective facilities that
meet each customer's unique data center needs. Digital Realty's customers
include domestic and international companies across multiple industry
verticals ranging from information technology and Internet enterprises, to
manufacturing and financial services. Digital Realty's 121 properties,
excluding three properties held as investments in unconsolidated joint
ventures, comprise approximately 22.7 million square feet as of April 3, 2013,
including 2.4 million square feet of space held for development. Digital
Realty's portfolio is located in 32 markets throughout Europe, North America,
Asia and Australia.

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. Such forward-looking statements include statements related to the
intended use of proceeds from the offering. These risks and uncertainties
include, among others, the following: the impact of the recent deterioration
in global economic, credit and market conditions, including the downgrade of
the U.S. government's credit rating; current 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
(including risks relating to decreasing real estate valuations and impairment
charges); our dependence upon significant tenants; bankruptcy or insolvency of
a major tenant 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; increased interest rates and operating costs; risks
associated with using debt to fund our business activities, including
re-financing and interest rate risks, our failure to repay debt when due,
adverse changes in our credit ratings or our breach of covenants or other
terms contained in our loan facilities and agreements; financial market
fluctuations; changes in foreign currency exchange rates; our inability to
manage our growth effectively; difficulty acquiring or operating properties in
foreign jurisdictions; our failure to successfully integrate and operate
acquired or developed properties or businesses; the suitability of our
properties and data center infrastructure, delays or disruptions in
connectivity, failure of our physical infrastructure or services or
availability of power; risks related to joint venture investments, including
as a result of our lack of control of such investments; delays or unexpected
costs in development of properties; decreased rental rates or increased
vacancy rates; increased competition or available supply of data center space;
our inability to successfully develop and lease new properties and space held
for development; 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 reporting
companies; our failure to maintain our status as a REIT for federal income tax
purposes; possible adverse changes to tax laws; restrictions on our ability to
engage in certain business activities; environmental uncertainties and risks
related to natural disasters; losses in excess of our insurance coverage;
changes in foreign laws and regulations, including those related to taxation
and real estate ownership and operation; and changes in local, state and
federal regulatory requirements, including 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 U.S. Securities and Exchange Commission, including the
Company's Annual Report on Form 10-K for the year ended December 31, 2012. 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 M. Garibaldi
Chief Financial Officer and Vice President, Investor Relations
Chief Investment Officer    and Corporate Marketing
Digital Realty Trust, Inc.  Digital Realty Trust, Inc.
+1 (415) 738-6500           +1 (415) 738-6500

SOURCE Digital Realty Trust, Inc.

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