Monday, October 06, 2008

More datacenter expansion

Last week we saw Digital Realty Trust report accelerating leasing activity, in contrast to the gloom afflicting many other markets, and today Equinix ponies up an additional $30 - 35m for a third Paris datacenter, adding 116,800 square feet (I presume this is net) to its assets there. I still have questions about the lag effects from the current downturn, but I don't expect Equinix would have gone ahead with this if the new center hadn't already been pre-booked to at least EBITDA breakeven level. I would love to see a client list, or at least a breakdown of industries.

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