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Digital Realty Trust, Inc. Assigned a 'BBB' Corporate Credit Rating by Standard & Poor's Ratings Services.
NEW YORK, November 9 (newratings.com) - Analysts at RBC Capital Markets reiterate their "outperform" rating on Digital Realty Trust (ticker: DLR). The target price has been raised from $49 to $50. [more]
http://www.newratings.com/en/main/company_headline.m?id=1987855
SAN FRANCISCO, Sept. 11 /PRNewswire-FirstCall/ -- Digital Realty Trust (NYSE: DLR) announced today that Michael F. Foust will be participating on the Office Panel hosted by Steve Sakwa and George Auerbach at the ISI Real Estate Conference at 2:50 pm ET on Wednesday, September 16, 2009.
http://news.prnewswire.com/ViewContent.aspx?ACCT=109&STORY=/www/story/09-11-2009/0005092225&EDATE=
Digital Realty Trust will be speaking at the Gartner Data Center Summit on the importance of total cost of ownership within data center planning
http://www.it-director.com/business/costs/news_release.php?rel=13497
Total : 56 View more »
Nov 18, 2009 (SmarTrend(R) Research Reports via COMTEX) --
SmarTrend, the proprietary pattern recognition system, has made available a free sample copy of our premium research report on (NYSE:DLR) at http://www.mysmartrend.com/research/
SmarTrend, our proprietary pattern recognition system, called an Uptrend for Digital Realty Trust (NYSE:DLR) on July 15, 2009 at $37.47. Since then, Digital Realty Trust has returned 27.2% as of today's recent price of $47.64.
Want access to these reports and real time alerts? Go to www.tradethetrend.com now for a FREE two-week trial.
Write to Chip Brian at cbrian@tradethetrend.com
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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com.
Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.TradeTheTrend.com/signup.html
Tags: market nyse research securities trial
Companies: Digital Realty Trust Inc (DLR)
Nov 13, 2009 (M2 EQUITYBITES via COMTEX) --
13 November 2009 Acae" S&P on Thursday gave its BBB corporate credit rating to US data-centre provider Digital Realty Trust Inc (NYSE:DLR) and its operating partnership, Digital Realty Trust LP.
The outlook is "stable".
The rating reflects the company's good competitive standing, moderate leverage, sound debt coverage metrics, and adequate liquidity to meet clearly indicated near-term external growth goals.
The "stable" outlook acknowledges Digital Realty's well-occupied portfolio, very manageable lease expirations, contractual rent hikes, and favorable mark-to-market rent profile that would cushion the operating cash flow if near-term demand weakens.
Comments on this story may be sent to admin@m2.com
Tags: corporate credit rating debt market nyse rates S&P
Companies: Digital Realty Trust Inc (DLR)
SAN FRANCISCO, Nov 16, 2009 /PRNewswire-FirstCall via COMTEX/ --
Digital Realty Trust, Inc. (NYSE: DLR), the leading owner and manager of corporate and Internet gateway datacenter facilities, today announced that Standard & Poor's Ratings Services assigned a 'BBB' corporate credit rating to Digital Realty Trust with a stable outlook.
According to the S&P report, the 'BBB' corporate credit rating and stable outlook acknowledges Digital Realty Trust's good competitive position as a datacenter provider in 27 markets in North America and Europe and a financial profile that is currently characterized by moderate leverage, sound debt coverage measures, and adequate liquidity to meet clearly articulated near-term external growth objectives.
A. William Stein, CFO and Chief Investment Officer, commented, "Achieving an investment grade rating has been a important goal for the Company since our IPO five years ago and we believe represents an inflection point for Digital Realty Trust. Access to the investment grade unsecured debt market gives us a significant competitive advantage as we pursue opportunities to grow our business in an otherwise capital constrained environment."
More information regarding Digital Realty Trust's rating assignment can be found in the Standard and Poor's research report dated November 12, 2009 available on its website at www.standardandpoors.com.
About Digital Realty Trust, Inc.
Digital Realty Trust, Inc. owns, acquires, redevelops, develops and manages technology-related real estate. The Company is focused on providing Turn-Key Datacenter(R) and Powered Base Building(R) datacenter solutions for domestic and international tenants across a variety of industry verticals ranging from information technology and Internet enterprises, to manufacturing and financial services. Digital Realty Trust's 79 properties, excluding one property held as an investment in an unconsolidated joint venture, contain applications and operations critical to the day-to-day operations of technology industry tenants and corporate enterprise datacenter tenants. Comprising approximately 14.0 million rentable square feet as of November 3, 2009, including 1.9 million square feet of space held for redevelopment, Digital Realty Trust's portfolio is located in 27 markets throughout North America and Europe. For additional information, please visit Digital Realty Trust's website at http://www.digitalrealtytrust.com.
Safe Harbor 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. Such forward looking statements include statements related to the effects of achievement of an investment grade rating, access to the investment grade unsecured debt market, the Company's competitive position and growth objectives, the strength of the Company's financial profile and the adequacy of the Company's liquidity. These risks and uncertainties include the impact of the current deterioration in global economic and market conditions; adverse economic or real estate developments in our markets or the industry sectors that we sell to; decreases in information technology spending; our dependence upon significant tenants; bankruptcy or insolvency of a major tenant or a significant number of smaller tenants; downturn of local economic conditions in our geographic markets; our inability to comply with the rules and regulations applicable to public companies or to manage our growth effectively; difficulty acquiring or operating properties in foreign jurisdictions; defaults on or non-renewal of leases by tenants; increased interest rates and operating costs; our failure to obtain necessary outside financing; restrictions on our ability to engage in certain business activities; risks related to joint venture investments; decreased rental rates or increased vacancy rates; inability to successfully develop and lease new properties and space held for redevelopment; difficulties in identifying properties to acquire and completing acquisitions; increased competition or available supply of data center space; our failure to successfully operate acquired properties; our inability to acquire off-market properties; delays or unexpected costs in development or redevelopment of properties; our failure to maintain our status as a REIT; possible adverse changes to tax laws; environmental uncertainties and risks related to natural disasters; financial market fluctuations; changes in foreign currency exchange rates; changes in foreign laws and regulations, including those related to taxation and real estate ownership and operation; and changes in real estate and zoning laws and increases in real property tax rates. For a further list and description of such risks and uncertainties, see the reports and other filings by the Company with the United States Securities and Exchange Commission, including the Company's annual report on Form 10-K for the year ended December 31, 2008 and subsequent reports on Form 10-Q and Form 8-K. 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.
For Additional Information:
A. William Stein Pamela Matthews
Chief Financial Officer and Director of Investor Relations
Chief Investment Officer Digital Realty Trust, Inc.
Digital Realty Trust, Inc. +1 (415) 738-6532
+1 (415) 738-6520
SOURCE Digital Realty Trust, Inc.
http://www.digitalrealtytrust.com
Tags: acquisition annual report bankruptcy business corporate credit rating debt environment europe financial services forecasts information technology interest rates internet investment ipo joint venture local manufacturing market north america nyse property rates real estate regulations reit research sec-8k securities tax technology
Companies: Digital Realty Trust Inc (DLR)
Nov 12, 2009 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend, our proprietary pattern recognition system, called an Uptrend for Digital Realty Trust (NYSE:DLR) on July 15, 2009 at $37.47.
Since then, Digital Realty Trust has returned 27% as of today's recent price of $47.59. Want to profit from these alerts?
Go to www.mysmartrend.com now for a FREE two-week trial.
Write to Chip Brian at cbrian@tradethetrend.com
---------------------------------------------------------------------------------------------
SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com.
Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.TradeTheTrend.com/signup.html
Tags: market nyse profit securities trial
Companies: Digital Realty Trust Inc (DLR)
Total : 21 View more »
Powering your IT hardware often costs more than double the price of the actual machine. While this fact alone motivates businesses to build more energy efficient data centers, IBMs Project Big Green details the additional operational and social benefits for businesses. Read more on IBMs
Digital Realty Trust provides flexible, reliable and cost-effective datacenter solutions. Through our suite of product offerings and unique leasing programs, our domestic and international properties are able to support even your most robust datacenter applications within your budget.
TechTarget provides enterprise IT professionals with the information they need to perform their jobs - from developing strategy, to making cost-effective IT purchase decisions and managing their organizations' IT projects - with its network of technology-specific Web sites, events and magazines.
http://searchdatacenter.techtarget.com/generic/0,295582,sid80_gci1286752,00.html
Cyberverse Signs Lease for Significant Datacenter Expansion in 600 West 7th Street's Existing Turn-Key Datacenter Space, to Meet Growing Demand for Its Colocation, Hosting & Connectivity Services in the Los Angeles Market SAN FRANCISCO, July 10 /PRNewswire-FirstCall/ -- Digital Realty Trust, Inc.
Total : 8 View more »
Digital Realty Trust Incorporated research, news and discussion about DLR and other REITs and mREITs - mortgage real estate investment trusts - at reits.ValueForum.com
research digital realty trust incorporated (dlr) ... digital realty trust incorporated (nyse: dlr) last trade 4:01 p.m. - 44.82
Digital Realty Trust Acquires Two Fully Leased Datacenter Facilities in Silicon Valley www.prnewswire.com. Digital Realty Trust Acquires Two Fully Leased Datacenter Facilities in ...
http://www.zibb.com/all/theme/cq/Digital+Realty+Trust%2c+Incorporated
Digital Realty Trust Incorporated: OTC: US: DGRDP: Digital Realty Trust Incorporated: OTC: US: DLR: Digital Realty Trust Incorporated: NYSE: US: DLR.PRA: Digital Realty Trust Incorporated Preferred