Digital Realty Announces Leasing Results For The Second Quarter Of 2012

SAN FRANCISCO, July 18, 2012 — Digital Realty Trust, Inc. (NYSE: DLR), a leading global provider of data center solutions, today announced leasing results for the second quarter of 2012.

The Company signed leases during the quarter ended June 30, 2012 totaling over $32.1 million of annualized GAAP rental revenue, including $1.1 million of colocation revenue. Leases signed totaled approximately 210,000 square feet, including approximately 189,000 square feet of Turn-Key Flex(SM) data center space leased at an average annual GAAP rental rate of $160.00 per square foot, approximately 5,000 square feet of Powered Base Building® space leased at an average annual GAAP rental rate of $32.00 per square foot, and 16,000 square feet of non-technical space leased at an average annual GAAP rental rate of $38.00 per square foot.

“U.S. lease signings and rental rates increased significantly during the second quarter from our seasonally low first quarter as we began to capture more of the demand we have been tracking across our markets,” said Michael F. Foust, Chief Executive Officer of Digital Realty. “We have a good funnel of new prospects, including build-to-suit opportunities, heading into the second half of 2012. However, we expect the longer sales cycle to impact the timing of commencements in 2012 and plan to discuss this in further detail on our earnings call next week. In addition, we are ramping up our sales and engineering teams in a number of our major markets to further expand our reach.”

Of the total leases signed during the second quarter of 2012, over 181,000 square feet was for space located in the Company’s U.S. portfolio. This includes approximately 161,000 square feet of Turn-Key Flex space leased at an average annual GAAP rental rate of $149.00 per square foot, approximately 5,000 square feet of Powered Base Building space leased at an average annual GAAP rental rate of $32.00 per square foot and over 11,000 square feet of non-technical space leased at an average annual GAAP rental rate of $36.00 per square foot.

Leases signed during the second quarter of 2012 for space in the Company’s Asia Pacific portfolio in Sydney and Singapore totaled over 28,000 square feet of Turn-Key Flex space leased at an average annual GAAP rental rate of $221.00 per square foot and over 4,000 square feet of non-technical space leased at an average annual GAAP rental rate of $43.00 per square foot.

For the quarter ended June 30, 2012, the Company commenced leases totaling approximately $30.4 million of annualized GAAP rental revenue, including approximately $1.7 million of colocation revenue. Commenced leases totaled approximately 209,000 square feet, including 158,000 square feet of Turn-Key Flex space leased at an average annual GAAP rental rate of approximately $163.00 per square foot, approximately 40,000 square feet of Build-to-Suit space leased at an average annual GAAP rental rate of approximately $62.00 per square foot, and 11,000 square feet of non-technical space leased at an average annual GAAP rental rate of approximately $35.00 per square foot.

About Digital Realty Trust, Inc.
Digital Realty Trust, Inc. focuses on delivering customer driven data center solutions by providing secure, reliable and cost effective facilities that meet each customer’s unique data center needs. Digital Realty’s customers include domestic and international companies across multiple industry verticals ranging from information technology and Internet enterprises, to manufacturing and financial services. Digital Realty’s 108 properties, excluding three properties held as investments in unconsolidated joint ventures, comprise approximately 20.8 million square feet as of July 17, 2012, including 2.3 million square feet of space held for redevelopment. Digital Realty’s portfolio is located in 32 markets throughout Europe, North America, Asia and Australia. Additional information about Digital Realty is included in the Company Overview, which is available on the Investors page of Digital Realty’s website at http://www.digitalrealty.com.

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