Digital Realty Invests In New Netherlands Data Centre In Partnership With KPN

Digital Realty Invests In New Netherlands Data Centre In Partnership With KPN

PR Newswire

LONDON, July 24, 2013

LONDON, July 24, 2013 /PRNewswire/ -- Digital Realty Trust, Inc. (NYSE: DLR),
a leading global provider of data centre solutions, announced today that it
has partnered with KPN, the leading Dutch provider of telecommunications and
information and communication technologies (ICT), to build a data centre in
Groningen.

In the transaction, KPN has signed a long-term, triple net lease with Digital
Realty for the existing data centre. The 7,000 square foot building and
overall site have the potential capacity for 3.5 megawatts of critical load.

Michael F. Foust, Chief Executive Officer of Digital Realty, said: "We are
delighted to support KPN in this mission critical project and we look forward
to supporting their future data centre needs. The Netherlands is a
strategically important market for our European customers as they seek to
implement robust data centre solutions in order to facilitate business growth.
Furthermore, the deal demonstrates our ability to collaborate to provide the
robust backbone that organisations today rely on to deliver flawless IT
services. We are delighted to welcome KPN to our portfolio."

"This transaction underscores our ability to complete a highly structured
transaction that enables our customer to provide solutions in its controlled
data centre real estate assets with a well-capitalised, long-term data centre
owner," said Bernard Geoghegan, Managing Director, EMEA for Digital Realty.
"This deal continues our strategy of expanding our European footprint by
investing in high-quality data centre facilities that are home to top-tier
global brands."

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 at http://www.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 the Groningen acquisition,
capacity for IT load and our strategy in Europe. 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 and           Vice President,       Managing Director,
                                      Investor Relations    EMEA
Chief Investment Officer              Digital Realty Trust, Digital Realty
                                      Inc.                  Trust, Inc.
Digital Realty Trust, Inc.            +1 (415) 738-6500     +44 (20) 7954 9128
+1 (415) 738-6500


Media Inquiries: pr@digitalrealty.com

SOURCE Digital Realty Trust, Inc.

Website: http://www.digitalrealty.com
 
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