Signed in London, Delivered in St. Louis - A Global Solution for an International Business
DUBLIN, Sept 16, 2010 /PRNewswire via COMTEX/ --
Digital Realty Trust, Inc. (NYSE:DLR, news, filings), the world's largest wholesale data centre provider, has signed a Powered Base Building(R) lease agreement totaling approximately 14,000 square feet with Hosting Solutions International at Digital Realty Trust's property in St. Louis, Missouri.
"The Powered Base Buildings(R) solution from Digital Realty Trust matched our requirements exactly, and provided us with the flexibility we were seeking," commented Jochen Berger, CTO at Hosting Solutions International. "By partnering with Digital Realty Trust, we received very useful insights into the North American data centre market, and particularly appreciated the opportunity to complete the deal in London despite the facility being located in St. Louis. Additionally, because of the way we've planned this facility with Digital Realty Trust, our new data centre is designed to a high environmental standard."
"Hosting Solutions International has extended its reach into North America, and wanted a trusted partner to support this expansion. The Powered Base Building(R) lease in St. Louis was negotiated in the UK, demonstrating the benefit of using a global provider such as Digital Realty Trust," said Bernard Geoghegan, Senior Vice President of International Operations for Digital Realty Trust. "With our European headquarters in Dublin, and offices in London and Paris, we are ideally positioned to serve companies such as Hosting Solutions International. Combining this European presence with the local understanding of the U.S. market has been very important in meeting Hosting Solutions International's requirements."
Digital Realty Trust's Powered Base Buildings are improved shell and core facilities that enable firms to build out and operate a data centre using their own personnel. These facilities possess the infrastructure elements (power, planning permission, and access to fiber) necessary to immediately begin datacentre construction efforts. Digital Realty Trust's Powered Base Buildings are also designed to meet the two leading green building standards, LEED and BREEAM, and are pre-qualified with power, planning and fiber connectivity.
About Digital Realty Trust, Inc.
Digital Realty Trust, Inc. (the Company) is the world's largest wholesale data centre provider. The Company is focused on providing Turn-Key Datacentre(R) and Powered Base Building(R) datacentre 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 95 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 datacentre tenants. Comprising approximately 16.7 million rentable square feet as of August 30, 2010, including 2.1 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.co.uk.
About Hosting Solutions International
Hosting Solutions International Inc. (HSI) was founded in 2003 and is the U.S. subsidiary of Germany-based PlusServer AG. HSI supplies hosting services for international customers with its three brands serverloft, SERVER4YOU and Server01. With its remarkable price policy and the comprehensive product range including dedicated servers as well as virtual private servers, the company truly co-determines the web hosting market. HSI customers may choose between two server locations in the USA and Europe. The St. Louis data center is situated right in the center of the United States, thus granting fast connections throughout the entire continent; the new data center in Strasbourg is currently Europe's most eco-friendly data center.
Safe Harbour Statement
This press release contains forward-looking statements which are based on Digital Realty Trust, Inc.'s 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 new Powered Base Building lease and the planning of the facility. 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 its geographic markets; decreases in information technology spending, including as a result of economic slowdowns or recession; adverse economic or real estate developments in its industry or the industry sectors that it sells to (including risks relating to decreasing real estate valuations and impairment charges); its 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; its failure to obtain necessary debt and equity financing; increased interest rates and operating costs; its 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; its inability to manage its growth effectively; difficulty acquiring or operating properties in foreign jurisdictions; its failure to successfully operate acquired or redeveloped properties; risks related to joint venture investments, including as a result of its 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; its inability to successfully develop and lease new properties and space held for redevelopment; difficulties in identifying properties to acquire and completing acquisitions; its inability to acquire off-market properties; its inability to comply with the rules and regulations applicable to reporting companies; its failure to maintain its status as a REIT; possible adverse changes to tax laws; restrictions on its 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 Digital Realty Trust, Inc. with the U.S. Securities and Exchange Commission, including Digital Realty Trust, Inc.'s Annual Report on Form 10-K for the year ended December 31, 2009 and Digital Realty Trust, Inc.'s Quarterly Reports on Form 10-Q for the quarters ended March 31, 2010 and June 30, 2010. Digital Realty Trust, Inc. 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 Bernard Geoghegan Chief Financial Investor/Analyst SVP, International Officer and Information Operations Chief Investment Digital Realty Trust, Digital Realty Trust, Officer Inc. Inc. Digital Realty Trust, Inc. +1 415-738-6500 +353 1 245 0650 +1 415-738-6500
SOURCE Digital Realty Trust, Inc.