Digital Realty Trust Enters Sydney, Australia Data Centre Market

Digital Realty Trust, Inc. DLR announced today that it has entered the Australian data centre market with the acquisition of a 3.48 hectare development site in Sydney, Australia for a purchase price of approximately $10.7 million. This represents the first acquisition in Australia for Digital Realty Trust. The site, located in Erskine Park, an industrial precinct located in the Western Sydney Employment Hub, is capable of supporting approximately 18,600 square meters of data centre development with over 11.5MW of IT capacity. The Company has secured permitting for the development and plans to commence construction on the first phase of 9,300 square meters in the fall of 2011, which will consist of building out the first of two data centre facilities. The building is designed to support four 1440 kW Turn-Key Datacentre PODs. "The acquisition of this site adds a very important market to our portfolio and is key to our expansion in the Asia Pacific region," said Michael F. Foust, Chief Executive Officer for Digital Realty Trust. "The Sydney market is characterized by a robust business environment, yet has a limited supply of data centre space available to meet customer demand for highly reliable, flexible and secure facilities."