SINGAPORE, July 16, 2012 /PRNewswire-Asia/ — Digital Realty Trust, Inc. (NYSE: DLR), a heading tellurian provider of information centre solutions, and Savvis, a CenturyLink association (NYSE: CTL) and tellurian personality in cloud infrastructure and hosted IT solutions for enterprises, announced currently a execution of a corner try merger of a 164,000-square-foot (15,236-square-meter) trickery in Hong Kong. This merger represents Digital Realty’s opening to a Hong Kong market, while building on Savvis’ existent internal participation there.
“We are really gratified to finish a merger of a initial Hong Kong skill with Savvis, a corner try partner,” pronounced Michael F. Foust, arch executive officer of Digital Realty. “We demeanour brazen to redeveloping a trickery to yield enterprise-quality information centre space to this critical tellurian market.”
“The execution of this merger with Digital Realty helps us serve residence direct for managed services, colocation and cloud solutions in a high-growth Hong Kong market,” pronounced Mark Smith, handling director, Asia, for Savvis. “Through this corner venture, Savvis will implement ability within a trickery to yield a business with network, managed IT and cloud services.”
The information centre trickery is located during Tseung Kwan O Industrial Estate in New Territories, approximately 12 miles from downtown Hong Kong. Upon redevelopment, a building will be able of ancillary approximately 5.76 megawatts of IT bucket capacity.
“The corner try will yield subsequent generation, vast colocation and managed/cloud services aligned with a Hong Kong government’s Digital 21 Strategy of creation Hong Kong a information centre heart for cloud services,” combined Kris Kumar, comparison clamp boss and informal head, Asia Pacific, for Digital Realty. “We design to start construction during a site in a third entertain of 2012 with a initial Turn-Key Flex( http://www.digitalrealty.com/turn-key-data-center.aspx )(SM) information centre space delivered mid-2013.”
Digital Realty’s Turn-Key Flex information centre resolution is a modular proceed to delivering secure, craving peculiarity information centre space to accommodate customers’ just-in-time requirements. Designed to yield limit flexibility, trustworthiness and efficiency, any Turn-Key Flex trickery comes entirely consecrated with a possess dedicated electrical and automatic infrastructure. Utilizing Digital Realty’s exclusive POD Architecture(R) and endless supply chain, Digital Realty’s subsequent era Turn-Key Flex information centre resolution is designed for a destiny and prepared today.
About Digital Realty
Digital Realty Trust, Inc. focuses on delivering patron driven information centre solutions by providing secure, arguable and cost effective comforts that accommodate any customer’s singular information centre needs. Digital Realty’s business embody domestic and general companies opposite mixed attention verticals trimming from information record and Internet enterprises, to production and financial services. Digital Realty’s 108 properties, incompatible 3 properties hold as investments in unconsolidated corner ventures, contain approximately 20.8 million block feet as of July 16, 2012, including 2.3 million block feet of space hold for redevelopment. Digital Realty’s portfolio is located in 32 markets via Europe, North America, Asia and Australia. Additional information about Digital Realty is enclosed in a Company Overview, that is accessible on a Investors page of Digital Realty’s website during http://www.digitalrealty.com.
About Savvis
Savvis, a CenturyLink company, is a tellurian personality in cloud infrastructure and hosted IT solutions for enterprises. Nearly 2,500 singular clients, including some-more than 30 of a tip 100 companies in a Fortune 500, use Savvis to revoke collateral expense, urge use levels and strap a latest advances in cloud computing.
About CenturyLink
CenturyLink is a third largest telecommunications association in the United States. The association provides broadband, voice, wireless and managed services to consumers and businesses opposite a country. It also offers modernized party services underneath a CenturyLink(TM) Prism(TM) TV and DIRECTV brands. In addition, a association provides data, voice and managed services to enterprise, supervision and indiscriminate business in local, inhabitant and name general markets by a high-quality modernized fiber ocular network and mixed information centres. CenturyLink is famous as a personality in a network services marketplace by pivotal record attention researcher firms, and is a tellurian personality in cloud infrastructure and hosted IT solutions for enterprises by Savvis, a CenturyLink company. CenturyLink’s business operation from Fortune 500 companies in some of a country’s largest cities to families vital in farming America. Headquartered in Monroe, La., CenturyLink is an SP 500 association and is enclosed among a Fortune 500 list of America’s largest corporations.
For some-more information, revisit www.savvis.com or www.centurylink.com.
Safe Harbor Statement
This press recover contains forward-looking statements that are formed on Digital Realty Trust, Inc.’s stream expectations, forecasts and assumptions that rivet risks and uncertainties that could means tangible outcomes and formula to differ materially, including statements compared to a corner venture, a merger of a redevelopment skill in Hong Kong by a corner venture, redevelopment plans, approaching distance and ability of a redevelopment property, supply and direct in a Hong Kong marketplace for information centre space, and direct drivers. These risks and uncertainties include, among others, a following: a impact of a new decrease in tellurian economic, credit and marketplace conditions, including a hillside of a U.S. government’s credit rating; stream internal mercantile conditions in a geographic markets; decreases in information record spending, including as a outcome of mercantile slowdowns or recession; inauspicious mercantile or genuine estate developments in a attention or a attention sectors that it sells to (including risks relating to dwindling genuine estate valuations and spoil charges); a coherence on poignant tenants; disaster or penury of a vital reside or a poignant series of smaller tenants; defaults on or non-renewal of leases by tenants; a disaster to obtain required debt and equity financing; increasing seductiveness rates and handling costs; risks compared with regulating debt to account a business activities, including re-financing and seductiveness rate risks, a disaster to repay debt when due, inauspicious changes in a credit ratings or a crack of covenants or other terms contained in a loan comforts and agreements; financial marketplace fluctuations; changes in unfamiliar banking sell rates; a inability to conduct a expansion effectively; problem appropriation or handling properties in unfamiliar jurisdictions; a disaster to successfully confederate and work acquired or redeveloped properties or businesses; risks compared to corner try investments, including as a outcome of a miss of control of such investments; delays or astonishing costs in growth or redevelopment of properties; decreased let rates or increasing cavity rates; increasing foe or accessible supply of information centre space; a inability to successfully rise and franchise new properties and space hold for redevelopment; problems in identifying properties to acquire and completing acquisitions; a inability to acquire off-market properties; a inability to approve with a manners and regulations germane to stating companies; a disaster to say a standing as a REIT; probable inauspicious changes to taxation laws; restrictions on a ability to rivet in certain business activities; environmental uncertainties and risks compared to healthy disasters; waste in additional of a word coverage; changes in unfamiliar laws and regulations, including those compared to taxation and genuine estate tenure and operation; and changes in local, state and sovereign regulatory requirements, including changes in genuine estate and zoning laws and increases in genuine skill taxation rates. For a serve list and outline of such risks and uncertainties, see a reports and other filings by Digital Realty Trust, Inc. with a U.S. Securities and Exchange Commission, including Digital Realty Trust, Inc.’s Annual Report on Form 10-K for a year finished December 31, 2011 and Quarterly Report on Form 10-Q for a entertain finished March 31, 2012. Digital Realty Trust, Inc. disclaims any goal or requirement to refurbish or correct any forward-looking statements, either as a outcome of new information, destiny events or otherwise.
For Additional Information:
A. William Stein
Chief Financial Officer and
Chief Investment Officer
Digital Realty Trust, Inc.
+1 (415) 738-6500
Pamela M. Garibaldi
Vice President, Investor Relations and
Corporate Marketing
Digital Realty Trust, Inc.
+1 (415) 738-6500
SOURCE Digital Realty Trust, Inc.
Article source: http://world.einnews.com/pr_news/105474370/digital-realty-and-savvis-joint-venture-completes-acquisition-of-hong-kong-data-centre
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