Digital Realty Trust, Inc.

Digital Realty Trust, Inc. Acquires Major Datac...





SAN FRANCISCO and LONDON, December 18 /PRNewswire/ --

    - Acquisitions include one fully leased property and one value-add 
redevelopment opportunity, bringing the European portfolio to over 1 million
square feet



    Digital Realty Trust, Inc. (NYSE: DLR), a leading owner and manager of
corporate datacentres and Internet gateways, announced today the acquisition
of two properties in Europe. The first property, Cressex 1, is located in
suburban London and totals approximately 51,000 rentable square feet of
redevelopment space. The purchase price was 6.5 million British pounds
sterling. The Company plans to build 20,000 square feet of raised floor,
Turn-Key Datacentre(TM) space offering 2.88 MW of IT load, as well as 15,000
square feet of supporting office/business continuity space. Construction is
scheduled to commence in the first quarter of 2008 with completion expected
by September 2008.


    The second property, Naritaweg 52, is located in Amsterdam, Netherlands.
It was purpose built as a datacentre in 2001 and totals over 63,000 rentable
square feet. The purchase price was 18.9 million euros. The building is


    100% leased through September 2011 to a leading international information
technology services company and consists of over 24,000 square feet of raised
floor technical space and nearly 21,000 square feet of office and other
space.


    "The addition of these two properties to our portfolio represents our
continued expansion into select European markets, and is consistent with our
strategy of acquiring high quality income producing assets along with
value-add properties suitable for redevelopment," commented Michael F.
Foust, Chief Executive Officer of Digital Realty Trust.


    "We are continuing to see strong demand from customers seeking Turn-Key
Datacentre(TM) space in the London market, where supply remains very
limited," added Chris Crosby, Senior Vice President of Digital Realty Trust.
"Redeveloping Cressex 1 gives us an opportunity to bring two 10,000 square
foot PODs of Turn-Key Datacentre(TM) space to the supply-constrained London
market much more quickly than if we were to develop a facility from the
ground up -- meeting the current demand while avoiding much of the risk
associated with greenfield developments. Building out the space utilizing our
POD Architecture(TM) will bring several unique elements to the UK market. The
POD Architecture(TM) employs system plus system architecture providing a full
2N power train, as opposed to the shared electrical buss N+1 infrastructure
typically utilized by other providers. Additionally, with our expertise in
developing to green standards, including BREEAM in Europe and LEEDS in the
US, we plan to deliver these as sustainable datacentres."


    Digital Realty Trust's Turn-Key Datacentres(TM) are scalable from
hundreds of kilowatts of IT Load to megawatts of IT load and are located in
markets throughout North America and Europe. Each Turn-Key facility is
physically secure and features a state-of-the-art power and cooling
architecture that has been optimized for green operation. Every Turn-Key
Datacentre(TM) is built using the Company's proprietary POD Architecture(TM)
and uses metered power to ensure that clients pay only for the power that
they use. Each Turn-Key facility is also managed via Digital Realty Trust's
Critical Facilities Management(TM) program to ensure the maximum uptime of
mission critical applications.



About Digital Realty Trust, Inc.

    Digital Realty Trust, Inc. owns, acquires, repositions and manages
technology-related real estate. The Company is focused on providing Turn-Key
Datacentre(TM) and Powered Base Building(TM) 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 69 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 12.1 million rentable square feet,
including 1.8 million square feet of space held for redevelopment, Digital 
Realty Trust's portfolio is located in 26 markets throughout North America 
and Europe. For additional information, please visit Digital Realty Trust's
website at http://www.digitalrealtytrust.com.



Safe Harbor Statement

    This press release contains forward-looking statements, including related
to its intention to redevelop the Cressex 1 facility and the standards to be
employed in connection with that redevelopment, which are based on current
expectations, forecasts and assumptions that involve risks and uncertainties
that could cause actual outcomes and results to differ materially. These
risks and uncertainties include adverse economic or real estate developments
in the Company's markets or the technology industry; general economic
conditions and economic conditions in Europe specifically; defaults on or
non-renewal of leases by tenants; increased interest rates and operating
costs; inability to manage domestic and international growth effectively;
failure to obtain necessary outside financing; decreased rental rates or
increased vacancy rates; difficulties in identifying properties to acquire
and completing acquisitions at acceptable return levels; failure to
successfully operate acquired properties and operations; failure of acquired
properties to perform as expected; failure to successfully redevelop
properties acquired for such purposes or unexpected costs related thereto;
failure to maintain the Company's status as a REIT; environmental
uncertainties and risks related to natural disasters; financial market
fluctuations; changes in foreign currency exchange rates; risks of operating
in foreign markets; 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
United States Securities and Exchange Commission, or SEC, including the
Company's annual report on Form 10-K for the year ended December 31, 2006, 
as updated by subsequent reports on Form 10-Q and Form 8-K filed with the 
SEC. 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
    Chief Financial Officer and
    Chief Investment Officer
    Digital Realty Trust, Inc.
    +1-415-738-6500

    Pamela A. Matthews
    Investor/Analyst Information
    Digital Realty Trust, Inc.
    +1-415-738-6500

    Chris Crosby
    Sales & Technical Operations
    Digital Realty Trust, Inc.
    +1-214-231-1350





Web site: http://www.digitalrealtytrust.com