Construction Magazine December 2019 | Page 26

DIGITAL REALTY
26 describes as the “ capital intensive ” nature of the industry . In September , the company sold 10 of its Powered Base Buildings ® to Singaporian real estate developer Mapletree Investments , along with the establishment of a joint venture to co-manage three more facilities . The deal saw Digital Realty generate around $ 1.4bn in capital . “ The transaction is going to allow us to continue selffunding our growth , diversify some of our sources of equity and capital , and really let us harvest value from our fully stabilised assets so that we can redeploy the proceeds into higher

“MarketplaceLIVE is a huge opportunity for us to connect , not only with our customers but with our partner world ”

— Corey Dyer , EVP , Sales and Marketing yielding development opportunities ,” Dyer explains . “ It continues to build on our global expansions , and lets us stay focused on our core markets and the assets that we think drive the most value to our customers . It also reduces our reliance on capital markets , which can be volatile .”
As a leading builder and operator of data centre infrastructure , Digital Realty is aware of the role it has to play in the evolution of the market as a whole . Given that global internet
DECEMBER 2019