Digital Realty 2012 leasing results up 35 per cent from 2011

Generated about $134.9 million in annualised GAAP rental revenue

Datacentre vendor, Digital Realty Trust, has announced its global leasing results for the fourth quarter and full year 2012.

For the twelve months ending December 31, 2012, the company commenced leases totalling more than $US134.9 million of annualised GAAP rental revenue, including nearly $US8.4 million of co-location revenue.

It signed leases totalling more than $US105.7 million in annualised GAAP rental revenue, including nearly $US7.3 million in co-location revenue.

For the quarter ending December 31, 2012, Digital Realty commenced leases totalling about $US52.3 million in annualised GAAP rental revenue, including over $US3.9 million of co-location revenue.

The company also signed leases totalling nearly $US28.8 million in annualised GAAP rental revenue, including $US3.9 million of co-location revenue during that quarter.

In Asia-Pacific, leases signed during the fourth quarter of 2012 for space totalled about 19,000 square feet of Turn-Key Flex space leased at an average annual GAAP rental rate of $US227.00 per square foot and 260 square feet of non-technical space leased at an average annual GAAP rental rate of $US83.00 per square foot.

According to Digital Realty CEO, Michael Foust, the high volume of commencements in the fourth quarter of 2012 drove its strongest annual performance to date for lease commencements.

“We are encouraged by the continued leasing momentum from January 2013 lease signings that add $18 million in annualised GAAP revenue to our backlog. We believe this represents stable pricing for our datacentre solutions across the majority of our global markets,” he added.

Read more: INTERVIEW: New Dell MD unveils ambitious end-to-end strategy

Sponsored Content: Collaboration has become the new movement in IT. Servers will become an integral part of this industry transition. Click here to learn more.

Join the ARN newsletter!

Error: Please check your email address.

Tags Digital Realtydatacentrefinancegaapresults

More about Digital Realty Trust

 

Latest News

01:57AM
U.S.-Cuba breakthrough is no slam dunk for Internet
01:45AM
Developers get real numbers on JavaScript library usage
01:31AM
Judge: No Steve Jobs for you
12:41AM
U.S. on Sony breach: North Korea did it
More News
05 May
CeBIT Australia 2015
27 May
World Business Forum Sydney
View all events