Digital Realty Acquires Site In Amsterdam Suburb With Plans To Build 11.5 MW Data Centre PR Newswire LONDON, July 23, 2013 LONDON, July 23, 2013 /PRNewswire/ -- Digital Realty Trust, Inc. (NYSE: DLR), a leading global provider of data centre solutions, today announced that it has purchased a 5.37 acre site at De President, Hoofddorp, Haarlemmermeer, a suburb of Amsterdam, with plans to build a 15,900 square metre, 11.5 megawatt data centre. The development plans include six data halls, each capable of supporting 1.92 megawatts of IT load with dedicated infrastructure services and cooling options tailored to meet customers' needs. Construction of the data centre is expected to begin in the fourth quarter of 2013 with the first two data halls to be delivered in mid-2014. Each data hall will be designed utilizing Digital Realty's POD 3.0 architecture, a modular approach to building mechanical and electrical systems that reduces time to market and optimizes the amount of IT capacity for each suite, while providing optimal reliability and uptime availability. Importantly for many businesses in the region, the site will also afford superior connectivity as well as access to multiple Tier 1 and Tier 2 International Carriers. In addition, it will connect via Amsterdam's main fibre ring to Digital Realty's other European data centres as well as its U.S. locations. Bernard Geoghegan, Managing Director, Europe, Middle East and Africa of Digital Realty, said: "Amsterdam is ideally located at the heart of the demand we are seeing for today's networked data centre requirements across Europe. Feedback from enterprises indicates that a 'well-connected' data centre is critical to their businesses. Transporting large volumes of data at high speeds is key to enabling IT initiatives, such as cloud computing. Our state-of-the-art De President facility will provide an ecosystem unrivalled in terms of connectivity to support companies of all sizes in Amsterdam." Haarlemmermeer's Alderman for Economic Development Arthur van Dijk said: "We are proud that Digital Realty has selected De President as the site for its new data centre. Thanks to excellent fibre accessibility, it is a prime location and the facility will benefit businesses not just in the local area, but the wider Amsterdam region." About Digital Realty Digital Realty Trust, Inc. focuses on delivering customer driven data centre solutions by providing secure, reliable and cost effective facilities that meet each customer's unique data centre 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 122 properties, excluding three properties held as investments in unconsolidated joint ventures, comprise approximately 22.7 million square feet as of April 26, 2013, including 2.6 million square feet of space held for development. Digital Realty's portfolio is located in 32 markets throughout North America, Europe, Asia and Australia. Additional information about Digital Realty is included in the Company Overview, which is available on the Investors page of Digital Realty's website atwww.digitalrealty.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, including statements related to our acquisition of the Hoofddorp site; development plans, including expected square meters and megawatt capacity, and timing of construction; demand in Europe; and benefit to the Amsterdam region. 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 centre 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 centre 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; 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 and Quarterly Report on Form 10-Q for the quarter ended March 31, 2013. 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 Bernard Geoghegan Chief Financial Officer Vice President, Investor Managing Director, EMEA and Relations Chief Investment Officer Digital Realty Trust, Inc. Digital Realty Trust, Inc. Digital Realty Trust, +1 (415) 738-6500 +44 (20) 7954 9120 Inc. +1 (415) 738-6500 Media Inquiries: email@example.com SOURCE Digital Realty Trust, Inc. Website: http://www.digitalrealtytrust.com
Digital Realty Acquires Site In Amsterdam Suburb With Plans To Build 11.5 MW Data Centre
Press spacebar to pause and continue. Press esc to stop.