Digital Realty Trust, Inc.

Research Study Finds an Increasing Number of Eu...





DUBLIN, February 17 /PRNewswire/ --

    - Independent Survey Commissioned by Digital Realty Trust Indicates that 
Datacentre Projects for the Coming 12-24 Months Have Increased and Expanded 
in Scope Despite Economic Conditions



    Digital Realty Trust, Inc. (NYSE: DLR), the world's largest wholesale
datacentre provider, has released the results of a new study of the
datacentre market in Europe that assesses the datacentre plans of European
companies and the trends that will shape the datacentre industry in the near
term. The study, which succeeds the one Digital Realty Trust released in
early 2008 about the European datacentre market, is based on a detailed
survey of senior decision makers who are either directly responsible for
datacentres or influence significant decisions related to datacentre
operations at large European organisations. The research was conducted for
Digital Realty Trust by the respected research firm Campos Research and
Analysis.


    
    Key findings of the new study include:
    - More than four out of five companies surveyed are planning
      datacentre expansions within the next two years.
    - More than a quarter of surveyed companies are actively planning
      immediate datacentre expansion projects that are commencing in 2009, and
      69 percent of companies are planning projects that will commence in 
      12-24 months.
    - Compared to last year's survey results, there has been a 117
      percent increase in the number of firms that will seek more than 2,500
      square metres for their datacentres, indicating that the scope of
      datacentre projects has grown significantly.
    - Compared to last year's survey results, there has been a 22
      percent increase in projected average datacentre space requirements from
      1,300 square metres to 1,600 square metres - a significant increase that
      will impact the balance of supply and demand for datacentre space in
      European markets.





    "Despite the dramatic changes in the economic climate, this year's
results indicate that an even larger proportion of European companies are
planning datacentre projects. Moreover, these projects are bigger by every
measure," said Bernard Geoghegan, Senior Vice President at Digital Realty
Trust who oversees International Operations. "These trends corroborate what
we are continuing to hear from so many of our customers - that datacentres
have become critical corporate assets that ensure competitiveness in
difficult times and that will drive growth when economic conditions improve."


    
    Other findings of note in the new study include:
    - A 21 percent increase compared to last year's survey in average power
      capacity per rack (4.7kW v. 5.7kW) that companies are projecting, which 
      is a significant metric for datacentre power requirements.
    - More than 60 percent of companies plan to use a partner to expand
      rather than taking a do-it-yourself approach to these large datacentre
      projects.
    - Companies identified London as the top location for the datacentre
      projects being planned. Paris was identified as the second most popular
      location for upcoming datacentre projects.





    "This survey supports the strong demand for datacentre space we are
continuing to see in London and Paris. These markets already have a
significant imbalance between demand for datacentre facilities and very
limited supply, and this study indicates that those will continue to be key
locations for corporate datacentre projects over the next two years,"
Geoghegan added.



About the Methodology

    Metrics reported in this study are based on Web-based surveys of IT
decision makers at large corporations in four European countries: the U.K.,
France, Germany and Ireland. All surveyed companies have annual revenues of
at least euro 1.0 billion and/or at least 2000+ employees. All survey
participants are directly involved in the process of managing corporate
datacentres, executing contracts for new datacentres, implementing new
datacentres or expanding existing datacentres. All participants were senior
level executives, including CxOs, in MIS, IS or Finance. The survey was
conducted in October 2008.



About Campos Research and Analysis

    Campos Research and Analysis conducts consumer research and
business-to-business research, using qualitative and quantitative
methodologies, to address the business issues of client companies. Campos
Research and Analysis was founded in 1988 by Rusty Campos. Ellen Campos
became a principal in the firm in 2000. Between them, the principals have
nearly 50 years of research experience, both client-side in Fortune 500
companies and supply-side with Honomichl 50 market research companies. For
more information, visit www.cr-a.com.



About Digital Realty Trust, Inc.

    Digital Realty Trust owns, acquires, redevelops, develops and manages
technology-related real estate. The Company is focused on providing Turn-Key
Datacentre(SM) and Powered Base Building(SM) 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 75 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 1.2 million square metres (13.0 million
square feet) as of December 31, 2008, including approximately 150,000 square
metres (1.6 million square feet) of space held for redevelopment, Digital
Realty Trust's portfolio is located in 27 markets throughout Europe and North
America. 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 that 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 future demand for datacenter
space generally and in specific markets, including London and Paris and the
datacenter plans of the companies surveyed, including expansion plans
generally and over the next one and two year periods, the size of planned
datacenters, the average power capacity per rack and the use of a partner for
datacenter projects. These risks and uncertainties include adverse economic
or real estate developments in the Company's markets, including in the London
and Paris and the UK and in Europe generally; general economic slow-downs or
recessions; reductions in information technology spending in the UK and
Europe; limited access to capital and liquidity issues for us, our customers
or potential customers, difficulties in or inability to lease space,
including redeveloped space; construction and development delays; increased
development costs; tenant bankruptcies or defaults under leases by tenants;
failure to commence rental payments on time under signed leases; increased
interest rates; increased operating costs; failure to obtain necessary
outside financing; decreased rental rates or increased vacancy rates;
difficulties in identifying properties to acquire; completing acquisitions at
all or at acceptable return levels; failure to successfully operate
properties; failure of existing, acquired or redeveloped properties to
perform as expected; reductions in property values; 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, including the Company's annual report on Form 10-K for
the year ended December 31, 2007 and the Company's quarterly reports on Form
10-Q for the quarters ended March 31, 2008, June 30, 2008 and September 30,
2008. 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 Financial Officer and                 Investor/Analyst Information
    Chief Investment Officer                    Digital Realty Trust, Inc.
    Digital Realty Trust, Inc.                  +1-415-738-6500
    +1-415-738-6500
    
    Bernard Geoghegan
    Senior Vice President
    International Operations
    Digital Realty Trust, Inc.
    +353-1-2450650