SINGAPORE, Nov. 27, 2018
/PRNewswire/ -- Digital Realty (NYSE: DLR), a leading
global provider of data centre, colocation and interconnection
solutions, announced today a multi-megawatt, multi-year agreement
with a leading global cloud service provider for capacity at its
new Digital Osaka 2 Data Centre. The new facility is
currently under construction and is scheduled to open in mid-2019,
further expanding the Digital Osaka connected campus.
The four-story facility will be reinforced with seismic
isolation systems, will span over 23,000 square metres, and is
expected to deliver up to 28 megawatts of total IT capacity.
The new data centre will be connected via dark fibre to the
previous and subsequent phases of the Digital Osaka connected
campus, bringing together critical data centre, network, cloud and
connectivity providers under a single, secure
environment.
"We are pleased to support the global growth of a leading cloud
provider at our new Digital Osaka 2 facility," said Digital Realty
Chief Executive Officer A. William
Stein. "Our Osaka connected campus will serve the
needs of our global and regional clients seeking critical
infrastructure solutions, offering close proximity to clouds and
networks, seamless interconnection to our growing ecosystem, and
scalability in terms of space, power and bandwidth to meet their
current and future needs. Osaka contributes nearly JP¥38 trillion
(approximately $352 billion) annually
to the Japanese economy, and we are well-positioned to support our
customers' data centre requirements in this thriving economic
region."
Japan's highly advanced
technology sector is expected to experience rapid growth over the
next several years. The development of the Digital Osaka 2
facility will enhance Digital Realty's ability to meet the growing
customer demand for comprehensive data centre and colocation
solutions in Japan. The next-generation facility demonstrates
Digital Realty's long-term commitment to the Japanese market and
builds upon the success of Digital Osaka 1, which was fully leased
prior to its grand opening in May
2017.
"Our new Osaka facility
represents another milestone in our expansion across the
Asia Pacific region and provides
us with flexibility to meet the growing business demands of our
global customers in Japan," said
Krupal Raval, Chief Financial
Officer, Asia Pacific for Digital
Realty. "The significant pre-leasing momentum we have enjoyed
on both phases in Osaka is a
strong testament to the power of our global platform. Our
unique connected campus model helps customers mitigate risk at
every phase of the IT journey by reducing the complexity of hybrid
cloud adoption and scalability-related challenges. As a
result, customers are able to focus exclusively on innovation,
advancement and improving their workload efficiency."
About Digital Realty
Digital Realty supports the data
centre, colocation and interconnection strategies of more than
2,300 firms across its secure, network-rich portfolio of data
centres located throughout North
America, Europe,
Asia and Australia. Digital
Realty's clients include domestic and international companies of
all sizes, ranging from cloud and information technology services,
communications and social networking to financial services,
manufacturing, energy, healthcare and consumer products. For
more information visit www.digitalrealty.asia also follow us on
Twitter at @digitalapac and read our APAC blogs at
https://www.digitalrealty.asia/insights.
Safe Harbor Statement
This press release contains
forward-looking statements which 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 new signing and construction at
Digital Osaka 2 (KIX11) data centre site and the expected benefits
and timeline for the KIX11 development. These risks and
uncertainties include, among others, the following: reduced demand
for data centres or decreases in information technology spending;
decreased rental rates, increased operating costs or increased
vacancy rates; increased competition or available supply of data
centre space; the suitability of our data centres and data centre
infrastructure, delays or disruptions in connectivity or
availability of power, or failures or breaches of our physical and
information security infrastructure or services; our dependence
upon significant customers, bankruptcy or insolvency of a major
customer or a significant number of smaller customers, or defaults
on or non-renewal of leases by customers; breaches of our
obligations or restrictions under our contracts with our customers;
our inability to successfully develop and lease new properties and
development space, and delays or unexpected costs in development of
properties; the impact of current global and local economic, credit
and market conditions; our inability to retain data centre space
that we lease or sublease from third parties; difficulty acquiring
or operating properties in foreign jurisdictions; our failure to
realize the intended benefits from, or disruptions to our plans and
operations or unknown or contingent liabilities related to, our
recent acquisitions; our failure to successfully integrate and
operate acquired or developed properties or businesses;
difficulties in identifying properties to acquire and completing
acquisitions; risks related to joint venture investments, including
as a result of our lack of control of such investments; risks
associated with using debt to fund our business activities,
including re-financing and interest rate risks, our failure to
repay debt when due, adverse changes in our credit ratings or our
breach of covenants or other terms contained in our loan facilities
and agreements; our failure to obtain necessary debt and equity
financing, and our dependence on external sources of capital;
financial market fluctuations and changes in foreign currency
exchange rates; adverse economic or real estate developments in our
industry or the industry sectors that we sell to, including risks
relating to decreasing real estate valuations and impairment
charges and goodwill and other intangible asset impairment charges;
our inability to manage our growth effectively; losses in excess of
our insurance coverage; environmental liabilities and risks related
to natural disasters; our inability to comply with rules and
regulations applicable to our company; our failure to maintain our
status as a REIT for federal income tax purposes; our operating
partnership's failure to qualify as a partnership for federal
income tax purposes; restrictions on our ability to engage in
certain business activities; and changes in local, state, federal
and international laws and regulations, including related to
taxation, 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 U.S. Securities and Exchange Commission,
including the company's Annual Report on Form 10-K for the year
ended December 31, 2017, and
Quarterly Reports on Form 10-Q for the quarters ended March 31, 2018, June 30,
2018 and September 30,
2018. 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:
Omer Wilson
Senior Director, Marketing
Asia Pacific
Digital Realty
owilson@digitalrealty.com
+65 6505 3951
View original
content:http://www.prnewswire.com/news-releases/digital-realty-lands-multi-megawatt-cloud-deployment-to-launch-second-facility-in-osaka-300754891.html
SOURCE Digital Realty