Digital Realty Trust, Inc. (NYSE: DLR), a global provider of wholesale data centres, has signed a bespoke data centre agreement with Visa Europe.
The new site will provide 10,000 square feet of raised floor space close to London. This is the second major financial services organisation to sign a lease with Digital Realty Trust in recent months, indicating that the need for data centres, and investment in these critical facilities, continues to grow within the European marketplace.
Through its Build-to-Suit programme, Digital Realty Trust will leverage its data centre design and construction expertise to oversee the construction of the new data centre. The project will be completed under Digital Realty Trust's exclusive guaranteed timeframe and budget programme.
"Visa is committed to consistently providing its European customers with robust, reliable and secure payment services, and to achieve this we rely on state of the art data centre facilities which provide the foundation for our business," said Steve Chambers, CIO, Visa Europe. "By working with Digital Realty Trust, we have been able to achieve our needs within a defined timeframe and budget. This level of commitment is critical to minimise our risks and optimise our operations."
"With two financial services organisations having signed agreements with Digital Realty Trust in recent months, we continue to see escalating demand for data centre space across the EU," said Frederick Potter, Head of International Operations of Digital Realty Trust. "By choosing our Build-to-Suit data centre programme, Visa Europe has been able to specify its exact requirements for the proposed facility, with the full support of our industry experts. Through our integrated service, our customers gain access to the most up-to-date datacentre technology in a prime location with none of the risk associated with a do-it-yourself project."