Next generation data centre underscores Digital Realty’s commitment to Singapore’s Smart Nation masterplan
SINGAPORE, June 2, 2016 — Digital Realty Trust, Inc. (NYSE: DLR), a leading global provider of data centre, colocation and interconnection solutions, announced today the opening of Digital Loyang Way, the company’s next generation data centre in Singapore. The facility spans 177,000 square feet and will support 13.2 megawatts of IT load.
The Digital Loyang Way data centre is designed to accommodate a wide range of customer deployments, from cloud service providers to financial services customers, and has been engineered to meet the applicable technology risk management guidelines of the Monetary Authority ofSingapore. In addition, the new facility incorporates high-efficiency design and technology, and raises the sustainability bar for Singapore data centres through ambitious power usage effectiveness (PUE) targets, as well as eco-friendly data centre design and practices.
This premier facility will be connected to Digital Realty's Jurong data centre on the west side of the island via both dark and lit fibre services, providing access to global tier 1 carriers, as well as the Singapore Internet Exchange. Digital Loyang Way, located on the east side of the island, will be able to provide both central-to-east and east-to-west connectivity/replication, a highly desirable feature for customers looking to host and grow their digital presence in Singapore.
"The expansion of our footprint in Singapore underscores the city-state's unique location at the heart of the digital economy across the Asia Pacific region," said A. William Stein, Digital Realty's Chief Executive Officer. "The launch of our new Loyang Way facility enables us to address a growing demand for agile, open, and connected data centre solutions from our customers across Asia Pacificand around the world."
"Data centres are a key component of the infrastructure that supports the digital economy. They enable both local and international companies to build digital capabilities and to pursue their digital transformation strategies from within Singapore," said Ms. Thien Kwee Eng, Assistant Managing Director, Singapore Economic Development Board (EDB).
“Digital Realty’s expansion is aligned with Singapore’s vision of becoming the digital capital ofAsia, and reinforces our position as the region’s leading data management and connectivity hub.”
The Digital Loyang Way data centre is compliant with the Singapore Building & Construction Authority (BCA) and Infocomm Development Authority of Singapore's (IDA) environmental and energy efficiency requirements. The new facility is expected to consistently deliver PUE targets lower than the regional PUE baseline averages.
"Data centres have a meaningful role to play in driving sustainability in Singapore, and we're proud to have been awarded the BCA-IDA Green Mark Platinum certification for Digital Loyang Way, as well as our Jurong facility," said Edward Higase, Managing Director, Asia Pacific for Digital Realty. "We aim to support Singapore's Smart Nation initiative to build a smarter and more energy-efficient Singapore by developing sustainable data centres to support the digital economy of the future."
About Digital Realty
Digital Realty Trust, Inc. supports the data centre and colocation strategies of more than 1,000 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 financial services, cloud and information technology services, to manufacturing, energy, gaming, life sciences and consumer products. For more information about data centre solutions from Digital Realty, visit www.digitalrealty.asia. Follow us on Twitter at @digitalapac and on our blog athttps://apac.digitalrealty.com
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 our opening and expected performance of the Digital Loyang Way Data Centre inSingapore; development plans, including expected megawatt capacity and timing of leasing; demand locally and globally; growth strategy; risk profile under the MAS technology risk management guidelines; our expected sustainability profile; and survey results, including expectations regarding expansion plans. These risks and uncertainties include, among others, the following: the impact of current global economic, credit and market conditions; current local economic conditions in metropolitan areas in which we operate; decreases in information technology spending, including as a result of economic slowdowns or recession; 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); our dependence upon significant tenants; bankruptcy or insolvency of a major tenant or a significant number of smaller tenants; defaults on or non-renewal of leases by tenants; our failure to obtain necessary debt and equity financing; 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; financial market fluctuations; changes in foreign currency exchange rates; our inability to manage our growth effectively; difficulty acquiring or operating properties in foreign jurisdictions; our failure to successfully integrate and operate acquired or developed properties or businesses, including Telx; the suitability of our properties and data centre infrastructure, delays or disruptions in connectivity, failure of our physical and information security infrastructure or services or availability of power; risks related to joint venture investments, including as a result of our lack of control of such investments; delays or unexpected costs in development of properties; decreased rental rates, increased operating costs or increased vacancy rates; increased competition or available supply of data centre space; our inability to successfully develop and lease new properties and development space; difficulties in identifying properties to acquire and completing acquisitions; our inability to acquire off-market properties; our inability to comply with the rules and regulations applicable to reporting companies; our failure to maintain our status as a REIT; possible adverse changes to tax laws; restrictions on our ability to engage in certain business activities; environmental uncertainties and risks related to natural disasters; losses in excess of our insurance coverage; changes in foreign laws and regulations, including those related to taxation and real estate ownership and operation; and changes in local, state and federal regulatory requirements, including changes in 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, 2015, as amended, and Quarterly Report on Form 10-Q for the quarter ended March 31, 2016. 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:
Senior Director, Marketing
Digital Realty Trust, Inc.
+65 6505 3951
Source: Digital Realty Trust, Inc.