News & Events

Digital Realty takes the next step in its plan to invest €150m in its Dublin-based data centres

The global provider of data centre and colocation solutions expands its Tier III certified facility by adding approximately 10,000 sq. ft.to its Profile Park data centre

Digital Realty Trust, Inc. (NYSE: DLR), a leading global provider of data centre and colocation solutions, and Minister for Jobs, Enterprise and Innovation Richard Bruton TD today announced the expansion of Digital Realty’s first facility within its 10 acre data centre campus at Profile Park, West Dublin. Digital Realty will add approximately 10,000 sq. ft. of data centre technical space to complement its current and fully occupied approximately 10,000 sq. ft. data centre hall at Profile Park. The expansion will complete the first data centre facility at the campus, still leaving green field space for future data centre builds.

Last year, Digital Realty announced that Profile Park would see a total investment of €150 million into the data centre campus. The project for the entire facility could employ as many as 50-120 skilled construction workers during the construction project.

This latest expansion further reinforces Ireland’s standing as a leading international location for data centres. Digital Realty’s clients include global corporations, IT managed services and cloud providers, financial institutions, and multi-national technology firms. In June, Sungard Availability Services, a leading global provider in cloud and recovery services, announced an expansion in the Irish market through a partnership with Digital Realty.

Commenting on the announcement at his Government Department today, Minister for Jobs, Enterprise and Innovation, Richard Bruton TD said: “Big data is a sector which offers massive opportunities for Ireland, and that is why we have specifically identified it as part of a major initiative in the Action Plan for Jobs. This €150million Digital Realty data centre project is another example of huge possibilities that exist in this area, and I am delighted to welcome the announcement of the next steps in this plan. I wish Gary and all the team every success with this project”.

Martin Shanahan, Chief Executive of IDA Ireland also supported today’s announcement: “Seeing Digital Realty expand its facility is a positive sign for Ireland. IDA has been marketing Ireland’s strong data centre infrastructure with clients abroad for some time now. This additional investment from Digital Realty proves, once again, that Ireland is a great place to locate data centres.”

Gary Keogh, Digital Realty Sales Director added: “We are committed to further developing our business in Ireland, and today’s announcement is a testament to that.”

He added: “Digital Realty is witnessing increased demand from organisations looking to host their data in Ireland and use it as a gateway for their operations in Europe and the Middle East. Ireland has become a key destination for companies looking to benefit from the latest infrastructure and knowledge economy that is rapidly developing within the country.”

Based in Profile Park, a modern business park near Dublin’s city centre, Digital Realty’s data centre campus boasts high speed connectivity and network access to the US, UK and Europe. The centre is also located alongside global technology leaders including Microsoft and Google. The data centre campus is being developed in compliance with BREEAM[1] standards. The site has secured supply agreements for power from 100% renewable energy sources such as wind, solar and hydro.

In 2014, the Profile Park facility was honoured to receive the Brill Award for Efficient IT from the Uptime Institute, which recognized Digital Realty for its ability to sustainably deliver IT services to the end user.

 

ENDS

About Digital Realty

Digital Realty Trust, Inc. supports the data center and colocation strategies of more than 600 firms across its secure, network-rich portfolio of data centers 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 center solutions from Digital Realty, visit www.digitalrealty.com. Follow us on Twitter at @digitalemea and on our blog at https://emea.digitalrealty.com/

Please note that Gary Keogh, Digital Realty Sales Director, Ireland is available for interview

 

For Additional Information:

Paul Allen: 087 257 5700 / 01 676 9575

Paul Allen & Associates,

4 Upper Mount Street,

Dublin 2

 

Safe Harbor Statement

This media alert contains forward-looking statements which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual results to differ materially, including statements related to Digital Realty’s Ireland data centres. These risks and uncertainties include, among others, the impact of current global economic, credit and market conditions; decreases in information technology spending; adverse economic or real estate developments in our industry or the industry sectors that we sell to; risks related to our tenants; our failure to obtain necessary debt and equity financing; risks associated with using debt to fund our business activities; financial market fluctuations; 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; the suitability of our properties and data center infrastructure, delays or disruptions in connectivity, failure of our physical infrastructure or services or availability of power; risks related to joint venture 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 center 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 comply with the rules and regulations applicable to reporting companies; our failure to maintain our status as a REIT; 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; and changes in laws and regulations, including those related to taxation and real estate ownership and operation. 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, as amended, for the year ended December 31, 2014 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 2015, June 30, 2015 and September 30, 2015. 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.

Back to Top