Digital Realty Appoints Scott E. Peterson as Chief Investment Officer

    Digital Realty Appoints Scott E. Peterson as Chief Investment Officer

PR Newswire

SAN FRANCISCO, April 30, 2014

SAN FRANCISCO, April 30, 2014 /PRNewswire/ --Digital Realty Trust, Inc.
(NYSE: DLR), the leading global provider of data center solutions, announced
today that Scott E. Peterson has been appointed Chief Investment Officer,
effective immediately. Mr. Peterson previously served as the company's Chief
Acquisitions Officer, and in his expanded role, he will be responsible for
evaluating capital allocation decisions with a mandate to drive improvement in
return on invested capital. The company will not seek a replacement for the
Chief Acquisitions Officer role.

Digital Realty's Interim Chief Executive Officer A. William Stein stated, "We
are pleased to announce Scott's well-deserved appointment to the role of Chief
Investment Officer. As a co-founder of the company and former Chief
Acquisitions Officer, he has been an invaluable member of our senior
management team, and is the clear-cut choice to lead our efforts to optimize
the return on our overall portfolio, rationalize our inventory management, and
standardize the underwriting process across all investment disciplines."

Scott Peterson said, "I am honored to have this opportunity, and eager to
harness the considerable real estate investing expertise of our talented
acquisitions team, which has been responsible for closing approximately $6
billion in data center transactions. I look forward to working with my
partners across the organization to further our corporate objective of
optimizing the return on our overall portfolio."

Mr. Peterson has led the company's acquisition activities since 2004. Prior
to Digital Realty, he was a Managing Director at GI Partners, the company's
predecessor private equity fund. Mr. Peterson has 27 years of real estate
experience, including as Senior Vice President with GIC Real Estate, the real
estate investment entity for the Government of Singapore Investment
Corporation. He was also active in investments, development and asset
management with LaSalle Partners, a real estate services company, and Trammel
Crow Company, a real estate developer. Mr. Peterson earned a Bachelor of Arts
degree from Northwestern University and a Master of Business Administration
degree from Northwestern University.

For Additional Information:
A. William Stein                    John J. Stewart
Interim Chief Executive Officer and Senior Vice President
Chief Financial Officer             Investor Relations
Digital Realty Trust, Inc.          Digital Realty Trust, Inc.
+1 (415) 738-6500                   +1 (415) 738-6500

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 financial services, cloud and information technology
services, to manufacturing, energy, health care and consumer products.
Digital Realty's 131 properties, including 12 properties held as investments
in unconsolidated joint ventures, comprised approximately 24.5 million square
feet as of December 31, 2013, including approximately 1.8 million square feet
of space under active development and 1.3 million square feet of space held
for future development. Digital Realty's portfolio is located in 33 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 company's plans and
organization. These risks and uncertainties include, among others, the
following: the impact of current global economic, credit and market
conditions; 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; 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, increased
operating costs or increased vacancy rates; increased competition or available
supply of data center space; our inability to successfully develop and lease
new properties and development space; 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, as amended, for the year ended December 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.

SOURCE Digital Realty Trust, Inc.

Website: http://www.digitalrealtytrust.com
 
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