SAN FRANCISCO, June 11, 2019 /PRNewswire/ -- Digital
Realty (NYSE: DLR), a leading global provider of data center,
colocation and interconnection solutions, announced today the
official opening of KIX11, the second facility on its Osaka connected campus. Development of
the second Osaka data center was
anchored by a multi-megawatt, multi-year agreement with a leading
global cloud service provider for state-of-the-art capacity reached
in November 2018, shortly following
the grand opening of the first Osaka data center in May 2017. The
facilities will be connected via dark fiber to subsequent phases of
the Digital Osaka connected campus, bringing together critical data
center, network, cloud and connectivity providers under a single,
secure environment.
"The completion of KIX11 marks another milestone in the growth
of our platform in Japan and an
important step towards realizing the enormous potential of our
partnership with Mitsubishi Corporation," said Digital Realty Chief
Executive Officer A. William Stein.
"Our Osaka connected campus will provide institutional
quality infrastructure solutions at the heart of this thriving
economic region for both global and Japanese clients."
The four-story facility is reinforced with seismic isolation
systems, spans over 23,000 square meters, and will deliver up to 28
megawatts of total IT capacity. MC Digital Realty now
operates four data centers in Japan – two each in the Tokyo and Osaka metros – and owns strategic land
holdings in Osaka that will
support the development of up to 55 megawatts of additional IT
capacity. Separately, MC Digital Realty recently announced it
has closed on the acquisition of a five-acre land parcel in the
Tokyo area to develop a new,
36-megawatt data center by 2021.
MC Digital Realty aims to serve the growing number of Japanese
enterprises migrating their digital footprint from on-premise
facilities to third-party service providers. The 50/50
partnership leverages Digital Realty's expertise in data center
design, construction and industry-leading operational track record,
along with Mitsubishi Corporation's extensive expertise in the
Japanese real estate and IT industries.
"This is an exciting phase in the growth of the Digital Realty
platform in Japan," said
Mark Smith, Managing Director,
Asia Pacific for Digital Realty.
"Osaka is a thriving
financial and colocation center, and a gateway for international
exchanges. The expansion of our Osaka connected campus strengthens our global
data center platform and enhances our ability to serve rapidly
growing customer demand in the region."
"MC Digital Realty's investment in this state-of-the-art
facility reflects our long-term commitment to the Japanese market,"
added MC Digital Realty Chief Executive Officer Koichi Takita. "IT outsourcing is still in
the very early stages in Japan,
and MC Digital Realty is uniquely well positioned to support the
digital ambitions of Japanese enterprise customers as well as
global clients seeking world-class data center solutions in the
region."
The new Osaka data center is a
carrier-neutral facility with multiple carriers on site, providing
open access to the Digital Realty ecosystem. The facility has
also adopted Secured by Design principles, offering customers a
highly-secure location able to meet the growing demand for secure
and reliable infrastructure.
Digital Realty is one of the world's largest owners, developers
and operators of highly reliable data center facilities, and
recently achieved "five nines" of uptime for the 12th
consecutive year, surpassing 1.45 billion of operating minutes
across more than 200 data centers worldwide. Within the
Asia Pacific region, Digital
Realty operates a network of industry-leading data centers located
in Singapore, Hong Kong, Osaka, Tokyo,
Melbourne and Sydney.
About Digital Realty
Digital Realty supports the data
center, colocation and interconnection strategies of more than
2,000 firms across its secure, network-rich portfolio of data
centers located throughout North
America, Europe,
Latin America, 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. www.digitalrealty.com.
Follow Digital Realty on social media: LinkedIn,
Twitter, Facebook, Instagram and YouTube
About MC Digital Realty
MC Digital Realty, Inc. is a
joint venture between Mitsubishi Corporation and Digital Realty.
In addition to offering high levels of robustness and
security, stable power supply, air conditioning and other
functionality, MC Digital Realty combines Mitsubishi Corporation's
realty and IT-related knowledge with Digital Realty's network of
overseas customers and expertise in large-scale data center
operations and delivery. MC Digital Realty provides data
center operation services to satisfy the global-standard
requirements of end users in Japan.
https://www.mc-digitalrealty.com/en/
For Additional Information
Andrew P. Power
Chief Financial Officer
Digital Realty
(415) 738-6500
Investor Relations
John J.
Stewart
Digital Realty
(415) 738-6500
investorrelations@digitalrealty.com
Media Inquiries
John
Christiansen / Scott
Lindlaw
Sard Verbinnen & Co.
(415) 618-8750
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 KIX11 data center, our security
measures, our connected campuses and connectivity, our joint
venture with Mitsubishi Corporation, our plans in Japan, and the expected data center demand in
Japan. These risks and uncertainties include, among others,
the following: reduced demand for data centers or decreases
in information technology spending; decreased rental rates,
increased operating costs or increased vacancy rates; increased
competition or available supply of data center space; the
suitability of our data centers and data center 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 center space that we lease
or sublease from third parties; difficulties managing an
international business and acquiring or operating properties in
foreign jurisdictions and unfamiliar metropolitan areas; 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, 2018 and
Quarterly Report on Form 10-Q for the quarter ended March 31, 2019. 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.
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SOURCE Digital Realty