Stock:
Symbol Lookup
Register | Login
...
History
...
...

Pre Market | Dow Jones | Gold | Newsletters | Learn


Digital Realty - DLR - Acquires Operating Data Centre

Tuesday, January 8, 2013 11:55 AM
Digital Realty Trust, Inc. (NYSE: DLR), a leading global provider of data centre solutions, announced that it has completed the acquisition of 23-25 Waterloo Road, Macquarie Park, a 7,500 square-meter data centre in Sydney, Australia. The property is currently fully leased to a leading global provider of IT products and services on a long-term basis.  The purchase price was AU$11.75 million. "Macquarie Park is an established hub for high tech companies operating in Sydney.  The addition of this institutional quality data centre facility to our portfolio expands our footprint in the Sydney market, and adds a new global, blue-chip tenant to our customer base," said Kris Kumar, Senior Vice President and Regional Head Asia Pacific for Digital Realty. "Along with our recently completed Turn-Key FlexSM data centre at Erskine Park, this acquisition is one more step in our Australian expansion plans, demonstrating our commitment to this important Asia Pacific market." "The acquisition of this property is consistent with our Asia Pacific expansion as well as our strategy of investing in high quality operating facilities in key data centre markets," said Michael F. Foust, Chief Executive Officer of Digital Realty.  "In addition, we are very pleased to welcome one of the region's leading global IT service providers to our customer base." Digital Realty's Turn-Key FlexSM solution is a modular approach to delivering secure, enterprise quality data centre space to meet customers' just-in-time requirements. Designed to provide maximum flexibility, reliability and efficiency, each Turn-Key Flex facility comes fully commissioned with its own dedicated electrical and mechanical infrastructure.  Utilizing Digital Realty's proprietary POD Architecture® and extensive supply chain, Digital Realty's next generation Turn-Key Flex data centre solution is designed for the future and ready today. About Digital Realty - DLR Digital Realty Trust, Inc. (DLR) focuses on delivering customer driven data centre solutions by providing secure, reliable and cost effective facilities that meet each customer's unique data centre needs. DLR's customers include domestic and international companies across multiple industry verticals ranging from information technology and Internet enterprises, to manufacturing and financial services. DLR's 110 properties, excluding three properties held as investments in unconsolidated joint ventures, comprise approximately 21.2 million square feet as of October 26, 2012, including 2.2 million square feet of space held for redevelopment. DLR's portfolio is located in 32 markets throughout Europe, North America, Asia and Australia.
PRINT

FREE Options Trading Lessons
I'll show you how to unlock HUGE Gains with Options Trading
Let's make 2015 the year you get RICH!

Latest Headlines

Volkswagen to announce $1 billion investment in Mexico: sourceVolkswagen to announce $1 billion investment in Mexico: source
MEXICO CITY (Reuters) - German carmaker Volkswagen <VOWG_p.DE> will next week announce an investment worth around $1 billion in Mexico to expand its Puebla plant, a person familiar with the matt...
India's government faces potential clashes with RBI over who decides ratesIndia's government faces potential clashes with RBI over who decides rates
MUMBAI/NEW DELHI (Reuters) - Having agreed this week to formally adopt inflation targeting as a guiding star for monetary policy, India`s government and central bank remain at odds over how crucial ...
For the 'unbanked', mobile money still has some way to goFor the 'unbanked', mobile money still has some way to go
(Reuters) - Globally, an estimated 2.5 billion people don`t have a bank account, but many own a cellphone, fuelling a race to turn these phones into bank books for the `unbanked` to store cash, mana...
U.S. Fed says will not hold market operations on April 3U.S. Fed says will not hold market operations on April 3
NEW YORK (Reuters) - The U.S. Federal Reserve will not conduct open market operations on the Good Friday holiday which falls on April 3 this year, the New York Federal Reserve said on its website on T...
Field of dreams: Championship coaches tell of small-town startsField of dreams: Championship coaches tell of small-town starts
NEW YORK (Reuters) - It doesn`t matter if you are Michael Jordan, Peyton Manning or any other of the all-time sports greats: Even the most talented people on the planet need a coach. With that in ...

Loading Headlines...
 

Stock Market

Track the stock market today with the latest news and information on all things investing! Watch your stocks perform throughout the day and watch the breaking stock market news.

Feedback | disclaimer | privacy policy

Stock Market News

The Stock Market is ever changing. Keep up on your stock market news.

Stock Market Newsletters

Read up on your favorite stock market newsletters.


Learn the Stock Market

Sharper your stock trading skills with our stock market education section.

Algorithm Based
Trade Signals
arrow
small cap swing trades SmallCaps stocks under $10
Index Signals Index Signals SPY, QQQ, DIA, IWM
options trading Mega Stocks options + stock trade signals
AppleStock FREE AAPL Signals realtime daytrade signals