Digital Realty

MedaWeek Barcelona 2023 concludes with a call for economic development in the Mediterranean amid uncertainty and conflicts

Retrieved on:

Monday, November 20, 2023

Cloud, Violence, ASCAME, Climate change, Entrepreneurship, Mediterranean Basin, Digital Realty, Tourism, Islamic banking and finance, Commerce, Health, Female, General council, Partnership, Developed country, Private sector, Renewable energy, Islam, Mediterranean Sea

This event, organized by the Association of Chambers of Commerce and Industry of the Mediterranean (ASCAME) in collaboration with the Chamber of Commerce of Barcelona, is the key socio-economic summit in the Mediterranean.

Key Points:

This event, organized by the Association of Chambers of Commerce and Industry of the Mediterranean (ASCAME) in collaboration with the Chamber of Commerce of Barcelona, is the key socio-economic summit in the Mediterranean.
Despite the current geopolitical crisis in the region, it successfully mobilized and brought together major Mediterranean institutions.
Ahmed El Wakil, president of ASCAME, took advantage of this gathering of Mediterranean economic leaders in Barcelona to call for "more protectionism and collaboration, and to strengthen multilateralism and alliances."
During MedaWeek Barcelona 2023, ASCAME has announced several initiatives that will impact the prosperity and sustainable development of the region.

MedaWeek Barcelona 2023 concludes with a call for economic development in the Mediterranean amid uncertainty and conflicts

Retrieved on:

Monday, November 20, 2023

This event, organized by the Association of Chambers of Commerce and Industry of the Mediterranean (ASCAME) in collaboration with the Chamber of Commerce of Barcelona, is the key socio-economic summit in the Mediterranean.

Key Points:

This event, organized by the Association of Chambers of Commerce and Industry of the Mediterranean (ASCAME) in collaboration with the Chamber of Commerce of Barcelona, is the key socio-economic summit in the Mediterranean.
Despite the current geopolitical crisis in the region, it successfully mobilized and brought together major Mediterranean institutions.
Ahmed El Wakil, president of ASCAME, took advantage of this gathering of Mediterranean economic leaders in Barcelona to call for "more protectionism and collaboration, and to strengthen multilateralism and alliances."
During MedaWeek Barcelona 2023, ASCAME has announced several initiatives that will impact the prosperity and sustainable development of the region.

Digital Realty Recognized by Nareit with the "Leader in the Light" Award for Seventh Consecutive Year

Retrieved on:

Wednesday, November 15, 2023

EPA, Sustainability, NYSE, Digital Realty, Organization, Light, GPP, Investment, National Association, Green Power Partnership, Growth, Electricity, Environment, Cryptocurrency, Renewable energy, Mapletree Investments

AUSTIN, Texas, Nov. 15, 2023 /PRNewswire/ -- Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation, and interconnection solutions, has been awarded the National Association of Real Estate Investments Trusts (Nareit) "Leader in the Light" award for data center sustainability for the seventh consecutive year. The award recognizes Nareit member companies that have demonstrated exemplary sustainability practices by addressing some of the most pressing environmental challenges.

Key Points:

The award recognizes Nareit member companies that have demonstrated exemplary sustainability practices by addressing some of the most pressing environmental challenges.
"We are honored to receive this award from Nareit for the seventh consecutive year," said Andy Power, President and Chief Executive Officer, Digital Realty.
Nareit's "Leader in the Light" award honors Nareit member companies that have demonstrated superior and sustained sustainability practices.
Achieving five-9's of uptime (99.999% uptime) across its global portfolio in 2022, the sixteenth consecutive year meeting or exceeding this level of performance.

New Database Offers In-Depth Analysis of Germany's Data Center Facilities

Retrieved on:

Monday, November 13, 2023

Equinix, Data, NTT, Digital Reality, Database, Microsoft Excel, Digital Realty, Geography, Cryptocurrency, Warehouse, Airline

This Excel-based product offers a detailed analysis of the German data center market, providing valuable insights into existing and upcoming data center facilities across the country.

Key Points:

This Excel-based product offers a detailed analysis of the German data center market, providing valuable insights into existing and upcoming data center facilities across the country.
Key Highlights of the Database:
Existing Data Centers: The database offers a thorough analysis of 140 existing data centers, including details on location, operator/owner, white-floor area, IT load capacity, rack capacity, year of operations, design standards, and more.
Investors/Operators Covered: The database includes a wide range of investors and operators, such as NTT Global Data Centers, Equinix, Digital Realty, Vantage Data Centers, and many more.
In Germany, Frankfurt, being the major location, is the primary data center hub in Germany, with more than 40 existing third-party data centers.

Digital Realty and Realty Income Form Build-to-Suit Data Center Development Joint Venture

Retrieved on:

Monday, November 13, 2023

Potential, Capital, NYSE, Digital Realty, SAN, REIT, Realty Income, Cryptocurrency

AUSTIN, Texas and SAN DIEGO, Nov. 13, 2023 /PRNewswire/ -- Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, and Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, announced that they have established a joint venture to support the development of two build-to-suit data centers in Northern Virginia. Realty Income invested approximately $200 million to acquire an 80% equity interest in the venture, while Digital Realty maintains a 20% interest. Each partner will fund its pro rata share of the remaining $150 million estimated development cost for the first phase of the project, which is slated for completion in mid-2024. The build-to-suit facilities were 100% pre-leased to an S&P 100 investment grade client prior to construction and are expected to generate a 6.9% initial cash lease yield upon lease commencement in mid-2024. The facilities are subject to a 10-year initial lease term with extension options and 2.0% annual rent escalators.

Key Points:

Realty Income Acquires 80% Equity Interest in Two Data Centers Currently Under Construction in Northern Virginia, with Up to 48 Megawatts of Potential IT Load
AUSTIN, Texas and SAN DIEGO, Nov. 13, 2023 /PRNewswire/ -- Digital Realty ( NYSE: DLR ), the largest global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, and Realty Income Corporation (Realty Income, NYSE: O ), The Monthly Dividend Company®, announced that they have established a joint venture to support the development of two build-to-suit data centers in Northern Virginia.
Realty Income invested approximately $200 million to acquire an 80% equity interest in the venture, while Digital Realty maintains a 20% interest.
"We are delighted to partner with Realty Income, a blue-chip net-lease REIT, in their first investment in the data center sector," said Digital Realty President and Chief Executive Officer Andy Power.
"The formation of this development joint venture supports our customer's build-to-suit requirements with a like-minded, long-term investor as our partner.

Digital Realty Named a Leader in IDC MarketScape: Worldwide Datacenter Services Vendor Assessment for Third Time

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Wednesday, November 8, 2023

NYSE, IDC, Digital Realty, PUE, Internet service provider, Renewable energy, Asset management

AUSTIN, Texas, Nov. 8, 2023 /PRNewswire/ -- Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation, and interconnection solutions, has been named as a Leader in the IDC MarketScape: Worldwide Datacenter Services 2023 Vendor Assessment 1, for a third time*.

Key Points:

AUSTIN, Texas, Nov. 8, 2023 /PRNewswire/ -- Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation, and interconnection solutions, has been named as a Leader in the IDC MarketScape: Worldwide Datacenter Services 2023 Vendor Assessment 1, for a third time*.
The IDC MarketScape Vendor Assessment analyzes the colocation and interconnection market using the IDC MarketScape model, providing an overview of the competitive strengths of suppliers in the market.
The report also noted the progress that Digital Realty has made in improving the sustainability of facilities in its portfolio.
*Sources: IDC MarketScape: Worldwide Datacenter Colocation and Interconnection Services 2021 and 2019 Vendor Assessments.

AWS Selects Digital Realty Seoul Campus for New AWS Direct Connect Location

Retrieved on:

Tuesday, November 7, 2023

AUSTIN, Texas, Nov. 6, 2023 /PRNewswire/ -- Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation, and interconnection solutions, announced today that a new AWS Direct Connect on-ramp is available at Digital Realty's ICN10 data center in Seoul enabling customers to access AWS services via a single cross connect as well as through ServiceFabric™, Digital Realty's global service orchestration platform. Digital Realty's ICN10 data center is the first carrier neutral facility to host an AWS Direct Connect on-ramp in Seoul.

Key Points:

Digital Realty's ICN10 data center is the first carrier neutral facility to host an AWS Direct Connect on-ramp in Seoul.
Digital Realty's customers, including financial services, e-commerce, healthcare, and manufacturing enterprises, can securely connect to AWS Direct Connect via low-latency, high-bandwidth interconnects to meet increasing business demands.
The addition of AWS Seoul Direct Connect extends Digital Realty's robust portfolio of Direct Connect locations into the rapidly growing Asia Pacific region and will drive an exponential increase to connection density of PlatformDIGITAL®.
Customers can choose dedicated 1 Gbps, 10 Gbps, and 100 Gbps connections, or work with an AWS Direct Connect delivery partner like Digital Realty for hosted connections with bandwidth from 50Mbps to 10 Gbps," says Emad Benjamin, General Manager, AWS Direct Connect.

Cyxtera Enters Asset Purchase Agreement with Brookfield

Retrieved on:

Wednesday, November 1, 2023

Cyxtera (OTC: CYXTQ) (“the Company”), a global leader in data center colocation, interconnection services, and digital infrastructure, today announced that it has entered into an asset purchase agreement (“APA”) under which Brookfield Infrastructure Partners L.P. (NYSE: BIP, TSX: BIP.UN) and its institutional partners (collectively “Brookfield”), will acquire substantially all of Cyxtera’s assets for $775 million.

Key Points:

Cyxtera (OTC: CYXTQ) (“the Company”), a global leader in data center colocation, interconnection services, and digital infrastructure, today announced that it has entered into an asset purchase agreement (“APA”) under which Brookfield Infrastructure Partners L.P. (NYSE: BIP, TSX: BIP.UN) and its institutional partners (collectively “Brookfield”), will acquire substantially all of Cyxtera’s assets for $775 million.
In connection with the APA and the court supervised process, Brookfield will purchase from several landlords the real estate at which seven of Cyxtera’s U.S. data centers are located.
“We are pleased to reach this agreement with Brookfield, which represents a favorable path forward for our customers, partners, and employees,” said Nelson Fonseca, Cyxtera’s Chief Executive Officer.
Lastly, Cyxtera has signed an agreement to sell its business in its Montreal and Vancouver data centers to Cologix.

Lumen builds on its network cloudification vision to offer burstable on-demand internet

Retrieved on:

Wednesday, November 1, 2023

DENVER, Nov. 1, 2023 /PRNewswire/ -- Disrupting an industry requires a deep understanding of business needs and an investment in continuous innovation. Just three months after Lumen Technologies (NYSE: LUMN) launched its first Network-as-a Service (NaaS) capability, it has expanded the service from 23 data centers to 136 across North America. Lumen® Internet On-Demand is now available to these data center customers and in Lumen on-net enabled locations. Numerous industries are embracing this service for its quick, flexible internet connections, helping them meet their unique connectivity needs.

Key Points:

Lumen® Internet On-Demand is now available to these data center customers and in Lumen on-net enabled locations.
Numerous industries are embracing this service for its quick, flexible internet connections, helping them meet their unique connectivity needs.
Healthcare providers, technology companies, and government agencies are among the first customers using Lumen Internet On-Demand to quickly flex their bandwidth needs and deploy data intensive software.
"BlackStar Group is thrilled to hear about the Network as a Service offering from Lumen," said founder and CEO, Chris Hendrie.

Yotta, a New Event from DatacenterDynamics, to Focus on the Future of Digital Infrastructure

Retrieved on:

Wednesday, November 1, 2023

NEW YORK, Nov. 1, 2023 /PRNewswire/ -- Yotta Events Inc., a subsidiary of InfraXmedia Holdings and sister company to London-based DatacenterDynamics, introduces Yotta 2024, a large-scale conference and tradeshow that will gather senior executives from across the digital infrastructure ecosystem to explore solutions to how the industry can scale responsibly.

Key Points:

Yotta Events launches a new, large-scale conference focused on the digital infrastructure industry.
Yotta ( www.yotta.vegas ) will be held Oct. 7-9, 2024 at the MGM Grand in Las Vegas, and will feature 2,500+ attendees, 150+ speakers, 100+ sponsors and exhibitors.
Yotta is founded by George Rockett, who also co-founded DatacenterDynamics in 1998, a leading global media and events platform focused on the data center segment.
Yotta has gained considerable early support from leaders from all the crucial sectors of the industry.