Data Center Company Digital Realty acquires land in Frankfurt, Germany, for $ 6 million

19:21
Data Center Company Digital Realty acquires land in Frankfurt, Germany, for $ 6 million -

digital Realty Trust, a global provider of data center solutions, colocation and interconnection , acquired six acres plot of land about three miles west of downtown Frankfurt, Germany, for a purchase price of $ 6 million. The site is designed to support a 27-megawatt data center campus consists of three buildings totaling approximately 340,000 square feet.

colocation-digital-realty "We are excited to expand our presence in Europe by establishing a foothold in Germany, which has been a longtime target market for us," said a. William Stein, Chief Executive Officer of Digital Realty (CEO) . "We started the process of local law and expect to be able to break ground later in 2016 with the goal of providing the first data center in the second half of 2017, subject to market demand. We expect the region to develop in the coming years, and expand our global footprint in Germany will allow us to continue execution of our mission to provide our customers with the confidence of bases for the digital world. "

Digital Realty currently 23 data centers in Europe , including facilities in London Dublin, Amsterdam, Geneva and Paris.

Digital Realty customers with data centers include national and international companies of all sizes, ranging from financial services services, cloud and information technology, manufacturing, energy, games, life sciences, and consumer products.

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