Award Presented by Jones Lang LaSalle in Recognition of Digital Realty Trust's Leadership in Datacenter Energy Efficiency and Sustainability
SAN FRANCISCO, May 20, 2010 /PRNewswire via COMTEX/ --Digital Realty Trust, Inc. (NYSE:DLR, news, filings), the world's largest wholesale datacenter provider, received the Green Enterprise IT Visionary Award at the fifth annual Uptime Institute Symposium in New York City on May 17, 2010. The Visionary Award recognizes an institution or firm that demonstrates a commitment to finding effective ways to reduce energy consumption and promote sustainability through innovation and best practices. Digital Realty Trust was presented with the award by Jones Lang LaSalle, the corporate sponsor of the 2010 Green Enterprise IT (GEIT) Awards presented by the Uptime Institute. The Visionary Award is sponsored and judged independently by Jones Lang LaSalle.
Digital Realty Trust received the award for its commitment to sustainability and innovation in the construction of a LEED certified data center utilizing full airside economization for more than 65 percent of each year. The LEED Platinum-certified datacenter project in Santa Clara, California is expected to save 3.5 million kilowatt hours of energy annually saving more than $250,000 per year at today's energy prices.
"The construction of the green datacenter in Santa Clara demonstrates Digital Realty Trust's strong commitment to energy efficiency and sustainability," said Thomas Freeman, Managing Director and head of the Data Center practice at Jones Lang LaSalle. "Their adoption of industry best practices ensures a reduction in energy use, cost and associated greenhouse gas emissions."
"This is a great honor, and we thank both Jones Lang LaSalle and The Uptime Institute for this award. We have made energy efficiency a cornerstone of our approach to designing, building and operating datacenter facilities. We greatly appreciate receiving the Green Enterprise IT Visionary Award in recognition of our efforts," said Jim Smith, CTO of Digital Realty Trust. "Given the rising cost of electricity and the amount of power used by today's datacenters, the energy efficiency of datacenters has a direct impact on companies' bottom line. We believe that environmental practices and financial responsibility are in complete alignment with each other when it comes to datacenters. The Uptime Institute Symposium has put a bright spotlight on energy efficiency and has been a catalyst for industry-wide adoption of energy efficient best practices. We are proud to receive this prestigious award and be a part of this event."
About The Uptime Institute Symposium
The Uptime Institute Symposium is an annual spring event that brings together industry stakeholders in enterprise IT, finance, executive management, data center facilities, and corporate real estate to deal with the critical issues surrounding enterprise computing. At the Symposium, the best minds in the business meet to share knowledge and discuss how the IT industry can meet its collective goals of performance, availability, energy efficiency, and profitability. For more information about the 2010 Uptime Institute Symposium, visit http://symposium.uptimeinstitute.com/.
About Jones Lang LaSalle
Jones Lang LaSalle (NYSE: JLL) is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2009 global revenue of $2.5 billion, Jones Lang LaSalle serves clients in 60 countries from 750 locations worldwide, including 180 corporate offices. The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.6 billion square feet worldwide. LaSalle Investment Management, the company's investment management business, is one of the worlds largest and most diverse in real estate with approximately $40 billion of assets under management. For further information, please visit Jones Lang LaSalle's Web site, www.joneslanglasalle.com.
About Digital Realty Trust, Inc.
Digital Realty Trust, Inc. (the Company) owns, acquires, redevelops, develops and manages technology-related real estate. The Company is focused on providing Turn-Key Datacenter(R) and Powered Base Building(R) datacenter 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 85 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 tenants and corporate enterprise datacenter tenants. Comprising approximately 15.1 million rentable square feet as of May 10, 2010, including 1.9 million square feet of space held for redevelopment, Digital Realty Trust's portfolio is located in 27 markets throughout North America and Europe. For additional information, please visit Digital Realty Trust's website at http://www.digitalrealtytrust.com.
Turn-Key Datacenter, Powered Base Building and POD Architecture are registered trademarks of Digital Realty Trust.
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 expected savings in kilowatt hours of energy and energy costs. These risks and uncertainties include, among others, the following: the impact of the recent deterioration in global economic, credit and market conditions; current local economic conditions in the Company's geographic markets; decreases in information technology spending, including as a result of economic slowdowns or recession; adverse economic or real estate developments in the Company's industry or the industry sectors that the Company sells to (including risks relating to decreasing real estate valuations and impairment charges); the Company's 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; the Company's failure to obtain necessary debt and equity financing; increased interest rates and operating costs; the Company's failure to repay debt when due or its breach of covenants or other terms contained in its loan facilities and agreements; financial market fluctuations; changes in foreign currency exchange rates; the Company's ability to manage its growth effectively; difficulty acquiring or operating properties in foreign jurisdictions; the Company's failure to successfully operate acquired or redeveloped properties; risks related to joint venture investments, including as a result of the Company's lack of control of such investments; delays or unexpected costs in development or redevelopment of properties; decreased rental rates or increased vacancy rates; increased competition or available supply of data center space; the Company's inability to successfully develop and lease new properties and space held for redevelopment; difficulties in identifying properties to acquire and completing acquisitions; the Company's inability to acquire off-market properties; the Company's inability to comply with the rules and regulations applicable to public companies; the Company's failure to maintain its status as a REIT; potential adverse changes to tax laws; restrictions on the Company's ability to engage in certain business activities; environmental uncertainties and risks related to natural disasters; changes in foreign laws and regulations, including those related to taxation and real estate ownership and operation; 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 U.S. Securities and Exchange Commission, including the Company's Annual Report on Form 10-K for the year ended December 31, 2009 and the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2010. 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 A. Matthews Chief Investment Officer Digital Realty Trust, Inc. Digital Realty Trust, Inc. +1 415-738-6500 +1 415-738-6500
SOURCE Digital Realty Trust, Inc.