Digital Realty Expands PlatformDIGITAL™ for Enterprise Customers with New Land Purchase in Frankfurt, Germany

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Mar 02, 2020, 08:00 ET

SAN FRANCISCO, March 2, 2020 /PRNewswire/ -- Digital Realty, a leading global provider of data center, colocation and interconnection solutions, closed 28 February 2020 on a deal to purchase 1.35 acres of land in Sossenheim, Germany. The proposed expansion in Sossenheim is the result of increasing customer demand in the Frankfurt area and it is expected to open up new digital business opportunities for customers. The campus is purpose-built for enterprises who require PlatformDIGITAL™ solutions ranging from Network Hubs through to Data Hubs.

Digital Realty will accelerate plans to develop its latest facility on this new land which is located directly opposite its main campus in Sossenheim. The proposed facility, which will add an additional 6MW of power to Digital Realty's existing 28MW, will measure up to 87,000 ft²(8,082m²)according to master planning guidelines, and is expected to be open to customers in Q1 2022.

The Sossenheim expansion is the latest in a series of European land purchases and data center openings made by Digital Realty, including a land parcel purchased in Paris in July 2019, as well as the opening of the latest facility - Cloud House – in its Digital Docklands campus in London.

Digital Realty's ongoing expansion demonstrates its continued investment in PlatformDIGITAL™, the company's global platform that supports customers across the world as they navigate digital transformation, and the complexities that arise when faced with increased demand, the need for global coverage and additional capacity.

According to Digital Realty's recent Digital Capitals Index research, data-led technologies – such as AI, IoT, 5G and Blockchain – contributed approximately EUR2.06bn to Frankfurt's economy last year through new jobs, businesses, industries and efficiencies in public services.

However, by 2029 that is expected to more than triple to EUR7.63bn, meaning that in addition to creating value, more strain will be put on businesses to keep up with increasing customer demand, requiring the right digital infrastructure to support businesses.

"The number of connected devices is projected to amount to over 75 billion worldwide by 2025, a fivefold increase in ten years – that's a lot of data being produced. And as the amount of data continues to grow in complexity and size, so will the requirement for apps, services and technology that help make sense of that data," says Jeff Tapley, EMEA MD, Digital Realty. "With this, we're seeing businesses under continued pressure to deliver their services to geographically dispersed customer bases and employees at speed."

Tapley continues: "PlatformDIGITAL™ is our answer to this problem, a platform solely designed to help customers connect their entire digital ecosystem together with one single data center provider. Our research has shown that data-led technologies have the ability to inject potentially hundreds of billions into the global economy; however, in order for businesses to capitalize on this, they need flexible and customizable infrastructure that can be deployed wherever, whenever their customers need it."

About Digital Realty
Digital Realty supports the data center, colocation and interconnection strategies of customers across the Americas, EMEA and APAC, ranging from cloud and information technology services, communications and social networking to financial services, manufacturing, energy, healthcare and consumer products. To learn more about Digital Realty, please visit digitalrealty.com or follow us on LinkedIn and Twitter.

Media and Industry Analyst Relations
Marc Musgrove
Digital Realty
+1 (415) 508-2812
[email protected]

Paul Crouch
Teneo PR
+44 7795 226361
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Investor Relations
John Stewart
Digital Realty
+1 (415) 738-6500
[email protected]

Safe Harbour 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 land purchase in Sossenheim, our expectations for Germany and EMEA, Digital Capitals Index research and PlatformDIGITAL™. For a 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. 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.

SOURCE Digital Realty