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Digital Realty 2012 leasing results up 35 per cent from 2011

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.

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