Wholesale data center provider Digital Realty Trust has signed a 10-year Turn-Key Datacentre lease agreement with Man Group plc for data center space, the company said today. The lease, which represents over half a megawatt of IT load, provides Man Group with a disaster recovery site to support its critical business applications.
Man Group is a London-based FTSE 100 firm that provides investment management services to private investors, institutions and financial professionals. Man was founded in 1783 and manages around $67 billion.
"We were impressed by Digital Realty Trust's track record of providing its customers with secure and reliable data centre facilities," said Ken Clunie, Director, Building Projects at Man. "It was clear that they maintain consistently high operating standards and have an extensive history in large scale data centre development projects. Reliable facilities are critical to our business model."
"By selecting our Turn-Key Datacentre, Man will benefit from our advanced cooling, power, redundancy, and sustainability features that ensure uptime reliability as well as operating efficiencies," said Adam Levine, European Vice President, at Digital Realty, who said the company's facilities "take a significant amount of financial risk and uncertainty out of the process for our customers. Mitigating this risk has become essential to organizations looking to expand their infrastructure in the current economy."
Digital Realty Trust now has 96 properties with16.8 million square feet of space in 28 markets throughout Europe, North America and Singapore.