February 1, 2008 -- (WEB HOST INDUSTRY REVIEW) -- Data center operator Digital Realty Trust (digitalrealtytrust.com) announced on Friday that it has begun constructing a built-to-suit data center facility for banking and financial services institution HSBC (hsbc.com).
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The facility, located in suburban London, UK, is being built on a development site that was acquired by Digital Realty Trust in April 2007. The project is expected to be completed in late 2008.
HSBC and Digital Realty Trust have signed a long-term lease agreement for the facility. The companies have worked closely together in developing its specifications to support HSBC's security requirements, environmental goals and many other technical and business needs.
"We are very pleased to be HSBC's partner in this major data center facility project, which will serve as the cornerstone of its IT infrastructure in the London market," says Chris Crosby, senior VP of Digital Realty Trust. "This project with HSBC reflects our unique approach to partnering with companies on build-to-suit data centers, offering them control and flexibility while making these large projects very cost-effective."
Digital Realty Trust announced last week it signed two major leases totaling approximately 210,500 square feet at projects in Santa Clara, California and Dublin, Ireland.
