News: Web Hosting Datacenter Firn, Digital Realty Trust, to Present at JMP Securities
San Francisco, California - (The Hosting News) - May 20, 2008 - Owner and manager of corporate datacenters and Internet gateways, Digital Realty Trust, Inc., has accepted an invitation to present at the 7th Annual JMP Securities Research Conference.
The conference is being held May 19 - 21, 2008 at the Ritz-Carlton Hotel in San Francisco, California. Michael F. Foust, CEO, and A. William Stein, CFO and Chief Investment Officer, will appear at the Conference, scheduled for Wednesday, May 21, 2008 at 8:30 a.m. PDT.
Digital Realty Trust, Inc. owns, acquires, redevelops, develops and manages technology-related real estate. The Company is focused on providing Turn-Key Datacenter(TM) and Powered Base Building 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 71 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 12.7 million rentable square feet, including 1.9 million square feet of space held for redevelopment, Digital Realty Trust's portfolio is located in 26 markets throughout North America and Europe.
Leases were signed during the quarter totaling 260,200 square feet of space for the company, including 106,400 square feet of Turn-Key Datacenter space. The space was leased at an average annual GAAP rental rate of $100.05 per square foot, nearly 120,000 square feet of Powered Base Building space leased at an average annual GAAP rental rate of $67.60 per square foot, and 33,800 square feet of non-technical space leased at an average annual GAAP rental rate of $25.93 per square foot.
JMP Securities equity research coverage encompasses six broad growth industries, including: Technology, Healthcare, Consumer, Real Estate, Financial Services and Business Services. This year's event will showcase nearly 250 primarily small-cap and mid-cap public companies in those sectors as well as a number of high-profile private companies that are impacting the marketplace today. The annual conference provides a forum for discussion among premier growth companies and institutional investors. The event enables management teams and buyside professionals to engage each other in a setting designed to promote in-depth disclosure and spur meaningful discussion. JMP Securities will host three full days with senior executives and industry peers, and an evening with comedian Frank Caliendo.
A webcast of the live presentation will be accessible from the investor relations section of Digital Realty Trust's website at www.digitalrealtytrust.com. For those who cannot participate in the live event, an archive of the webcast will also be available after the presentation for 90 days.
Digital Realty Trust, Inc. owns, acquires, redevelops, develops and manages technology-related real estate. The Company is focused on providing Turn-Key Datacentre and Powered Base Building datacentre 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 71 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 datacentre tenants. Comprising approximately 1.2 million rentable square metres (12.6 million square feet) as of April 1, 2008, including 186,000 square metres (2 million square feet) of space held for redevelopment, Digital Realty Trust's portfolio is located in 26 markets throughout Europe and North America.
JMP Securities LLC is a full-service investment bank providing equity research, institutional brokerage and investment banking services to public and private growth companies and their investors. Headquartered in San Francisco, JMP Securities serves five industries that exhibit above-average long-term growth characteristics: Technology, Healthcare, Consumer, Financial Services and Business Services.
To learn more, please visit: www.digitalrealtytrust.com.
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Posted on Tuesday, May 20 @ 08:34:39 EDT by editor
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