Digital Realty Names Chris Kenney Senior Vice President, International

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PR Newswire

SAN FRANCISCO, Nov. 3, 2016

SAN FRANCISCO, Nov. 3, 2016 /PRNewswire/ -- Digital Realty (NYSE: DLR), a leading global provider of data center, colocation and interconnection solutions, announced today it has named Chris Kenney as Senior Vice President, International, responsible for overseeing the company's operations in the Asia Pacific and EMEA regions, effective immediately. Mr. Kenney previously served as Senior Vice President, Investments.

"I have worked closely with Chris for over 10 years, and I am confident there is no one better suited to lead our international business," said A. William Stein, Digital Realty's Chief Executive Officer. "Chris has been intimately involved in countless aspects of Digital Realty's growth and success since our inception, working closely with all functional groups and disciplines across the organization. As our international platform has gathered momentum, Chris has been responsible for the underwriting and execution of the vast majority of our investments across Asia and Europe. Given his experience, tenure and perspective, Chris is uniquely qualified for this role, and we expect both regions to reach new heights under his leadership."

Mr. Kenney was a founding partner of Digital Realty's predecessor private equity fund, GI Partners, in 2001. He joined Digital Realty as a Senior Acquisitions Officer prior to its initial public offering in November 2004, and is Digital Realty's longest-serving employee.

"I am thrilled to be taking on this new role," said Mr. Kenney. "Both Asia Pacific and EMEA represent significant growth opportunities for the company, as customers continue to migrate toward providers who can help them achieve scale on a global basis. I look forward to working with our talented teams in both regions to meet our customers' digital needs around the world."

Mr. Kenney has over 25 years of institutional real estate investment experience. Prior to joining GI Partners and then Digital Realty, he was Vice President of Acquisitions for CBRE Investors, responsible for the sourcing, underwriting and acquisition of office, retail and industrial properties on behalf of numerous pension fund clients. Mr. Kenney previously worked as a Research Analyst for Green Street Advisors, a leading independent real estate research firm, where he followed the retail and triple-net lease sectors.

About Digital Realty

Digital Realty supports the data center, colocation and interconnection strategies of more than 2,000 firms across its secure, network-rich portfolio of data centers located throughout North America, Europe, Asia and Australia. Digital Realty's clients include domestic and international companies of all sizes, ranging from financial services, cloud and information technology services, to manufacturing, energy, gaming, life sciences and consumer products. https://www.digitalrealty.com/

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For Additional Information:
Andrew P. Power
Chief Financial Officer
Digital Realty Trust, Inc.
415-738-6500

Investor Relations
John J. Stewart / Maria S. Lukens
Digital Realty Trust, Inc.
415-738-6500
investorrelations@digitalrealty.com

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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, including statements related to our management changes, strategies, plans and organization and expected demand for Asia and Europe. These risks and uncertainties include, among others, the following: the impact of current global economic, credit and market conditions; current local economic conditions in the geographies in which we operate; decreases in information technology spending, including as a result of economic slowdowns or recession; adverse economic or real estate developments in our industry or the industry sectors that we sell to (including risks relating to decreasing real estate valuations and impairment charges); our dependence upon significant tenants; bankruptcy or insolvency of a major tenant or a significant number of smaller tenants; defaults on or non-renewal of leases by tenants; our failure to obtain necessary debt and equity financing; risks associated with using debt to fund our business activities, including re-financing and interest rate risks, our failure to repay debt when due, adverse changes in our credit ratings or our breach of covenants or other terms contained in our loan facilities and agreements; financial market fluctuations; changes in foreign currency exchange rates; the impact of the United Kingdom's referendum on withdrawal from the European Union on global financial markets and our business; our inability to manage our growth effectively; difficulty acquiring or operating properties in foreign jurisdictions; our failure to successfully integrate and operate acquired or developed properties or businesses; the suitability of our properties and data center infrastructure, delays or disruptions in connectivity, failure of our physical and information security infrastructure or services or availability of power; risks related to joint venture investments, including as a result of our lack of control of such investments; delays or unexpected costs in development of properties; decreased rental rates, increased operating costs or increased vacancy rates; increased competition or available supply of data center space; our inability to successfully develop and lease new properties and development space; difficulties in identifying properties to acquire and completing acquisitions; our inability to acquire off-market properties; our inability to comply with the rules and regulations applicable to reporting companies; our failure to maintain our status as a REIT; possible adverse changes to tax laws; restrictions on our ability to engage in certain business activities; environmental uncertainties and risks related to natural disasters; losses in excess of our insurance coverage; changes in foreign laws and regulations, including those related to taxation and real estate ownership and operation; and changes in local, state and federal regulatory requirements, including 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 U.S. Securities and Exchange Commission, including the company's Annual Report on Form 10-K for the year ended December 31, 2015, as amended, and Quarterly Reports on Form 10-Q for the quarters ended March 31, 2016 and June 30, 2016. 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.

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SOURCE Digital Realty

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