8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d)

of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 29, 2013

DIGITAL REALTY TRUST, INC.

(Exact name of registrant as specified in its charter)

Maryland	001-32336	26-0081711
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)
Four Embarcadero Center, Suite 3200 San Francisco, California		94111
(Address of principal executive offices)		(Zip Code)

(415) 738-6500

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02 Results of Operations and Financial Condition.

The information in this Item 2.02 of this Current Report on Form 8-K is also being furnished under Item 7.01—“Regulation FD Disclosure” of Form 8-K. Such information, including the exhibits attached hereto, is furnished pursuant to Item 2.02 and shall not be deemed “filed” for any purpose, including for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or the Exchange Act, or otherwise subject to the liabilities of that Section. The information in this Current Report on Form 8-K shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Securities Act, or the Exchange Act regardless of any general incorporation language in such filing.

On October 29, 2013, we issued a press release announcing our financial results for the quarter ended September 30, 2013. The text of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.

On October 29, 2013, we posted certain supplemental operating and financial data on our website located at www.digitalrealty.com. That supplemental operating and financial data is attached hereto as Exhibit 99.2 and is incorporated by reference herein.

Item 7.01 Regulation FD Disclosure.

The information in this Item 7.01 of this Current Report on Form 8-K is also being furnished under Item 2.02—“Results of Operations and Financial Condition” of Form 8-K. Such information, including the exhibits attached hereto, is furnished pursuant to Item 7.01 and shall not be deemed “filed” for any purpose, including for the purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that Section. The information in this Current Report on Form 8-K shall not be deemed incorporated by reference into any filing under the Securities Act or the Exchange Act regardless of any general incorporation language in such filing.

On October 29, 2013, we issued a press release announcing our financial results for the quarter ended September 30, 2013. The text of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.

On October 29, 2013, we posted certain supplemental operating and financial data on our website located at www.digitalrealty.com. That supplemental operating and financial data is attached hereto as Exhibit 99.2 and is incorporated by reference herein.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.	Description
99.1	Press Release dated October 29, 2013.
99.2	Supplemental Operating and Financial Data posted October 29, 2013.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Digital Realty Trust, Inc.
By:	/S/    JOSHUA A. MILLS
	Joshua A. Mills
	Senior Vice President, General Counsel and Assistant Secretary

Date: October 29, 2013

EXHIBIT INDEX

Exhibit No.	Description
99.1	Press Release dated October 29, 2013.
99.2	Supplemental Operating and Financial Data posted October 29, 2013.

EX-99.1

Exhibit 99.1

4 Embarcadero Center, Suite 3200 San Francisco, CA 94111 USA Tel: +1 415 738 6500 Fax: +1 415 738 6501 www.digitalrealty.com

A. William Stein Chief Financial Officer and Chief Investment Officer Digital Realty Trust, Inc. +1 (415) 738-6500 John J. Stewart Senior Vice President Investor Relations Digital Realty Trust, Inc. +1 (415) 738-6500

DIGITAL REALTY REPORTS THIRD QUARTER RESULTS

San Francisco, Calif. (October 29, 2013) – Digital Realty Trust, Inc. (NYSE: DLR), a leading global provider of data center solutions, announced today financial results for the third quarter of 2013. All per share results are shown on a diluted share and unit basis.

Highlights

• Reported FFO per share of $1.10 in 3Q13, vs. $1.13 in 3Q12;

• 3Q13 results include a $10 million ($0.07 per share) non-cash straight-line rent expense adjustment;

• Reported core FFO per share of $1.16 in 3Q13, vs. $1.13 in 3Q12;

• Signed leases during 3Q13 expected to generate $47.3 million in annualized GAAP rental revenue, which is the third-highest quarter in the company’s history;

• Closed previously announced $369 million joint venture at a 6.7% cap rate;

• Announced a $500 million share repurchase authorization; and

• Revised 2013 FFO per share outlook to $4.60-$4.62 vs. $4.73-$4.82 previously, and revised 2013 core FFO per share outlook to $4.65-$4.67 vs. $4.74-$4.83 previously.

Funds From Operations

Funds from operations (“FFO”), on a diluted basis, was $151.4 million in the third quarter of 2013, or $1.10 per share, compared to $1.22 per share in the second quarter of 2013 and $1.13 per share in the third quarter of 2012. Excluding certain items that do not represent core expenses or revenue streams, third quarter 2013 core FFO was $1.16 per share, compared to $1.19 per share in the second quarter of 2013 and $1.13 per share in the third quarter of 2012.

Third quarter 2013 results include a $10 million ($0.07 per share) non-cash straight-line rent expense adjustment related to the company’s leasehold interest at 111 8^th Avenue in New York. In September 2010, Digital Realty executed an extension and modification of this leasehold interest, which had been previously scheduled to expire in June 2014, and extended the expiration of the leasehold for another 10 years to June 2024. The company has determined that it should have adjusted the straight-line rent expense recorded on this leasehold interest when the modification was executed in September 2010. The $10 million adjustment recorded during the third quarter of 2013 represents a catch-up of the non-cash straight-line rent that should have been recorded from the fourth quarter of 2010 through the third quarter of 2013 at a run-rate of approximately $830,000 per quarter. The entire prior period adjustment has been included in FFO, whereas only the current period portion of $830,000 has been included in core FFO for the third quarter of 2013.

1

Leasing Activity

“We signed new leases totaling $47 million of annualized GAAP rental revenue during the third quarter, including nearly $28 million since the second quarter earnings call in late July. This represents the third-highest quarter in the company’s history, and the dollar volume of leases signed year-to-date has already exceeded the full-year activity in 2012,” said Michael F. Foust, Digital Realty’s Chief Executive Officer.

“We are disappointed with the third quarter financial results, but the robust leasing velocity gives us confidence in the underlying health of the business as well as customer demand for Digital Realty’s data center solutions. While lease commencements have lagged our initial expectations, the solid backlog of leases signed-but-not-yet-commenced represents contractual obligations for future rental revenue, and sets the stage for healthy growth in cash flows over the intermediate term.”

In addition to the new leases signed, Digital Realty also signed renewal leases totaling approximately $45 million of annualized GAAP rental revenue during the third quarter, notably including 480,000 square feet of Powered Base Building^® data centers. Rental rates on renewal leases signed during the third quarter of 2013 rolled up 2.2% on a cash basis and 24.2% on a GAAP basis.

New leases signed during the third quarter of 2013 by region and product type are summarized as follows:

	Annualized GAAP Rent (in thousands)		Square Feet		GAAP Rent / Sq. Ft.		MW		GAAP Rent /kW
North America
Turn-Key Flex	$	27,393		202,653	$	135		14.6	$	156
Custom Solutions		4,029		23,322		173		2.0		168
Colocation		2,517		16,154		156		1.0		220
Non-Technical		682		29,992		23		—		—
Total	$	34,621		272,121	$	127		17.6	$	162
Europe(1)
Turn-Key Flex	$	5,016		30,468	$	165		2.5	$	168
Custom Solutions		—		—		—		—		—
Colocation		—		—		—		—		—
Non-Technical		33		773		43		—		—
Total	$	5,049		31,241	$	162		2.5	$	168
Asia Pac(1)
Turn-Key Flex	$	6,695		32,206	$	208		2.0	$	279
Custom Solutions		—		—		—		—		—
Colocation		934		4,741		197		0.3		247
Non-Technical		11		250		43		—		—
Total	$	7,640		37,197	$	205		2.3	$	275
Grand Total	$	47,309		340,559	$	139		22.4	$	173

⁽¹⁾ Based on quarterly average exchange rates during the three months ended September 30, 2013.

2

Investment Activity

Digital Realty did not acquire any income-producing properties during the third quarter of 2013.

In August 2013, the company entered the Japan market with the acquisition of a 3.7 acre land site in Osaka for a purchase price of $9.6 million. Digital Realty expects to commence development of a new data center in the fourth quarter of 2013, which will be scheduled to open in the fourth quarter of 2014 and deliver 4.0 megawatts of IT capacity.

In September 2013, the company also acquired one land parcel in London and one in Amsterdam for a total purchase price of $25.9 million. The 11.4 acre land site in London was acquired for a previously contracted build-to-suit project. The first stage of this multi-phased development project of a two-building data center campus is expected to deliver a four-pod building with 12 megawatts of IT load. The 5.4 acre land site in Amsterdam is a multi-phased development project that is expected to support a six-pod building with 11.5 megawatts of IT load.

In September 2013, the company formed a $369 million joint venture with an investment fund managed by Prudential Real Estate Investors (“PREI”). Digital Realty contributed to the joint venture nine Powered Base Building^® data centers totaling 1.06 million square feet and valued at approximately $345 per square foot. The properties are expected to generate cash net operating income of approximately $24.5 million in 2013, representing a 6.7% cap rate. The properties are 100% leased, with an average remaining lease term of approximately nine years. The PREI^®-managed fund took an 80% interest in the joint venture and Digital Realty retained a 20% interest.

Balance Sheet

Digital Realty had $4.8 billion of total debt outstanding as of September 30, 2013, comprised of $4.1 billion of unsecured debt and $0.7 billion of secured debt. At the end of the third quarter, debt-to-adjusted EBITDA was 5.4x, debt-plus-preferred-to-total-enterprise-value was 44.1% and fixed charge coverage was 3.5x.

In August 2013, Digital Realty completed the refinancing of its global revolving credit facility and multi-currency term loan. In the process, the line of credit was upsized from $1.8 billion to $2.0 billion and the term loan was upsized from $750 million to $1.0 billion. All-in pricing for the line of credit was reduced from 150 basis points to 130 basis points, and all-in pricing for the term loan was reduced from 145 basis points to 120 basis points. The maturity date for the line of credit was extended by two years to November 2017, not including two six month extension options. The maturity date on the term loan is unchanged and remains April 2017, with two six-month extension options added.

In October 2013, Digital Realty’s board of directors approved a $500 million share repurchase program, which the company may use to opportunistically reacquire shares based on the then-current share price and capital allocation alternatives.

Revised 2013 Outlook

“With improved visibility on the range of outcomes for full-year results, we are revising our 2013 FFO per share outlook to $4.60-$4.62 down from $4.73-$4.82 previously, and revising our 2013 core FFO per share outlook to $4.65-$4.67 down from the prior range of $4.74-$4.83,” said A. William Stein, Digital Realty’s CFO and Chief Investment Officer.

“The primary drivers behind our revised outlook include: the non-cash straight-line rent expense adjustment; the near-term reinvestment drag until proceeds from the joint venture with PREI can be accretively redeployed; lower-than-expected acquisitions of income-producing properties; and delayed lease commencements, reflecting the needs of strategic customers for phased delivery of custom-built space for large-scale requirements on long lease terms.”

3

The 2013 guidance provided by Digital Realty in this press release is based on the following assumptions as of October 29, 2013:

• Data center space delivered representing approximately $800 million generating ROI of 10%-12%;

• Digital Design Services revenue of $3 million;

• Acquisitions of income-producing properties totaling $85-$140 million at an average cap rate of 8.5%-9.5%;

• Development capital expenditures of $1.05-$1.125 billion;

• Recurring capital expenditures and capitalized leasing costs of $70-$75 million;

• Total G&A expense of $67 million;

• Transaction expenses of $4-$5 million; and

• FX rates (USD per currency): Euro = 1.33; Pound = 1.56; SGD = 0.79; and AUS = 0.92.

Preliminary 2014 Outlook

Digital Realty is providing its preliminary 2014 outlook in this press release, based on the following assumptions as of October 29, 2013:

Internal Growth

• Rental rates on renewal leases are expected to be roughly flat on a cash basis, and modestly positive on a GAAP basis

• Operating margin is expected to be approximately 25-75 basis points lower than the historical run-rate, reflecting a higher mix of gross leases on Turn-Key Flex data centers, and a reduced exposure to triple-net leases on Powered Base Building^® product as a result of our contribution of nine Powered Base Buildings^® to our joint venture with PREI

• Overhead load is expected to trend in line with the historical average, with G&A at approximately 75-85 basis points on total assets

External Growth

• Acquisitions of income-producing properties projected to be in the range of $0-$400 million at an average cap rate of 7.5%-8.5%

• Potential joint ventures in the range of $0-$400 million at an average cap rate of 6.75%-7.25%

• Development capital expenditures of $600-$800 million at 10%-12% stabilized yields

• Recurring capital expenditures and capitalized leasing costs of $75-$80 million

Balance Sheet

• $100-$250 million preferred equity offering at a 7.5%-8.0% coupon in late 2013 or early 2014

• $700-$900 million 10-year USD and/or Sterling bond offerings at 4.75%-5.25% in late 2013 or early 2014

• Financing charges are expected to be higher in 2014, reflecting lower capitalized interest on development, front-loading the issuance of long-term capital towards the beginning of the year, as well as a rising interest rate environment

4

Funds from Operations

• Mid-single-digit FFO per share growth

Non-GAAP Financial Measures

This press release contains non-GAAP financial measures, including FFO and Adjusted EBITDA. A reconciliation from U.S. GAAP net income available to common stockholders to FFO, a definition of FFO, a reconciliation from FFO to core FFO, and a definition of core FFO are included as an attachment to this press release. A reconciliation from U.S. GAAP net income available to common stockholders to Adjusted EBITDA, a definition of Adjusted EBITDA, a definition of debt plus preferred to total enterprise value, and a definition of fixed charge coverage ratio are included as an attachment to this press release.

Investor Conference Call

Before the market opens on Wednesday, October 30, 2013, Digital Realty will post a presentation to the Investors section of the company’s website at http://investor.digitalrealty.com. The presentation is designed to accompany the conference call Digital Realty will host at 1:00 p.m. EDT / 10:00 a.m. PDT on Wednesday, October 30, 2013 to discuss its third quarter 2013 financial results and operating performance. The conference call will feature Michael F. Foust, Chief Executive Officer, A. William Stein, Chief Financial Officer and Chief Investment Officer as well as Matt Miszewski, Senior Vice President, Sales. To participate in the live call, investors are invited to dial +1 (888) 701-6680 (for domestic callers) or +1 (706) 634-5758 (for international callers) and provide the conference ID # 73325593 at least five minutes prior to start time. A live webcast of the call will be available via the Investors section of Digital Realty’s website at http://investor.digitalrealty.com.

Telephone and webcast replays will be available until 11:59 p.m. EDT on Friday, November 29, 2013. The telephone replay can be accessed two hours after the call by dialing +1 (855) 859-2056 (for domestic callers) or +1 (404) 537-3406 (for international callers) and providing the conference ID # 73325593. The webcast replay can be accessed on Digital Realty’s website immediately after the live call has concluded.

About Digital Realty

Digital Realty Trust, Inc. focuses on delivering customer-driven data center solutions by providing secure, reliable and cost-effective facilities that meet each customer’s unique data center needs. Digital Realty’s customers include domestic and international companies across multiple industry verticals ranging from financial services, cloud and information technology services, to manufacturing, energy, health care and consumer products. Digital Realty’s 130 properties, including twelve properties held as investments in unconsolidated joint ventures, comprise approximately 23.8 million square feet as of September 30, 2013, including 2.8 million square feet of space held for development. Digital Realty’s portfolio is located in 33 markets throughout North America, Europe, Asia and Australia. Additional information about Digital Realty is included in the Company Overview, which is available on the Investors page of Digital Realty’s website at http://www.digitalrealty.com.

Safe Harbor Statement

This press release contains forward-looking statements which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially, including statements related to supply and demand for data center space; leasing volume and pipeline; rent from leases that have been signed but have not yet commenced and other contracted rent to be received in future periods; rental rates on future leases; our joint venture with PREI, expected cash net operating income from these properties and strategy of accessing capital; development plans and expected timing, size and IT capacity of development projects; expectations regarding the company’s future growth, financial resources and success; the company’s revised 2013 FFO, core FFO and net income outlook and underlying assumptions; and the company’s 2014 preliminary outlook, FFO guidance and underlying assumptions. These risks and uncertainties include,

5

among others, the following: the impact of the recent deterioration in global economic, credit and market conditions, including the downgrade of the U.S. government’s credit rating; current local economic conditions in our geographic markets; decreases in information technology spending, including as a result of economic slowdowns or recession; adverse economic or real estate developments in our industry or the industry sectors that we sell to (including risks relating to decreasing real estate valuations and impairment charges); our dependence upon significant tenants; bankruptcy or insolvency of a major tenant or a significant number of smaller tenants; defaults on or non-renewal of leases by tenants; our failure to obtain necessary debt and equity financing; increased interest rates and operating costs; risks associated with using debt to fund our business activities, including re-financing and interest rate risks, our failure to repay debt when due, adverse changes in our credit ratings or our breach of covenants or other terms contained in our loan facilities and agreements; financial market fluctuations; changes in foreign currency exchange rates; our inability to manage our growth effectively; difficulty acquiring or operating properties in foreign jurisdictions; our failure to successfully integrate and operate acquired or developed properties or businesses; the suitability of our properties and data center infrastructure, delays or disruptions in connectivity, failure of our physical infrastructure or services or availability of power; risks related to joint venture investments, including as a result of our lack of control of such investments; delays or unexpected costs in development of properties; decreased rental rates or increased vacancy rates; increased competition or available supply of data center space; our inability to successfully develop and lease new properties and space held for development; difficulties in identifying properties to acquire and completing acquisitions; our inability to acquire off-market properties; our inability to comply with the rules and regulations applicable to reporting companies; our failure to maintain our status as a REIT; possible adverse changes to tax laws; restrictions on our ability to engage in certain business activities; environmental uncertainties and risks related to natural disasters; losses in excess of our insurance coverage; changes in foreign laws and regulations, including those related to taxation and real estate ownership and operation; and changes in local, state and federal regulatory requirements, including changes in real estate and zoning laws and increases in real property tax rates. For a further list and description of such risks and uncertainties, see the reports and other filings by the company with the U.S. Securities and Exchange Commission, including the company’s Annual Report on Form 10-K for the year ended December 31, 2012 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 2013 and June 30, 2013. The company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

6

Digital Realty Trust, Inc. and Subsidiaries

Condensed Consolidated Income Statements

(in thousands, except share and per share data)

(unaudited)

	Three Months Ended						Nine Months Ended
	September 30, 2013			September 30, 2012			September 30, 2013			September 30, 2012
Operating Revenues:
Rental	$	290,712		$	260,052		$	858,064		$	717,809
Tenant reimbursements		88,059			78,878			240,657			197,162
Construction management		671			2,497			2,205			6,903
Other		14			1,052			402			7,457
Total operating revenues		379,456			342,479			1,101,328			929,331
Operating Expenses:
Rental property operating and maintenance		128,291			106,660			341,407			274,081
Property taxes		26,074			17,982			66,490			49,793
Insurance		2,144			2,463			6,587			6,953
Construction management		51			623			729			1,412
Depreciation and amortization		121,198			101,840			348,688			274,835
General and administrative		16,275			14,409			50,117			43,768
Transactions		243			504			3,497			5,789
Other		3			923			56			1,260
Total operating expenses		294,279			245,404			817,571			657,891
Operating income		85,177			97,075			283,757			271,440
Other Income (Expenses):
Equity in earnings of unconsolidated joint ventures		2,174			1,520			6,839			6,402
Gain on insurance settlement		—			—			5,597			—
Gain on contribution of properties to unconsolidated joint venture		115,054			—			115,054			—
Interest and other income		(127	)		83			(92	)		2,008
Interest expense		(47,742	)		(41,047	)		(143,403	)		(116,758	)
Tax expense		(352	)		(710	)		(1,765	)		(2,637	)
Loss from early extinguishment of debt		(704	)		—			(1,205	)		(303	)
Net Income		153,480			56,921			264,782			160,152
Net income attributable to noncontrolling interests		(2,882	)		(1,529	)		(4,997	)		(4,384	)
Net Income Attributable to Digital Realty Trust, Inc.		150,598			55,392			259,785			155,768
Preferred stock dividends		(11,726	)		(9,777	)		(31,179	)		(28,921	)
Net Income Available to Common Stockholders	$	138,872		$	45,615		$	228,606		$	126,847
Net income per share available to common stockholders:
Basic	$	1.08		$	0.37		$	1.79		$	1.12
Diluted	$	1.06		$	0.37		$	1.79		$	1.12
Weighted average shares outstanding:
Basic		128,427,444			122,026,421			127,771,419			112,995,512
Diluted		135,301,765			122,353,511			127,955,769			113,275,221

7

Digital Realty Trust, Inc. and Subsidiaries

Condensed Consolidated Balance Sheets

(in thousands)

	September 30, 2013			December 31, 2012
	(unaudited)
ASSETS
Investments in real estate
Properties:
Land	$	684,644		$	661,058
Acquired ground leases		14,355			13,658
Buildings and improvements		8,357,786			7,662,973
Tenant improvements		466,616			404,830
Total investments in properties		9,523,401			8,742,519
Accumulated depreciation and amortization		(1,459,055	)		(1,206,017	)
Net investments in properties		8,064,346			7,536,502
Land held for sale		11,015			—
Investment in unconsolidated joint ventures		53,066			66,634
Net investments in real estate		8,128,427			7,603,136
Cash and cash equivalents		55,118			56,281
Accounts and other receivables, net		191,715			168,286
Deferred rent		369,979			321,715
Acquired above market leases, net		54,446			65,055
Acquired in place lease value and deferred leasing costs, net		484,445			495,205
Deferred financing costs, net		39,132			30,621
Restricted cash		42,457			44,050
Other assets		60,322			34,865
Total Assets	$	9,426,041		$	8,819,214
LIABILITIES AND EQUITY
Global revolving credit facility	$	498,082		$	723,729
Unsecured term loan		950,205			757,839
Unsecured senior notes, net of discount		2,382,059			1,738,221
Exchangeable senior debentures		266,400			266,400
Mortgage loans, net of premiums		683,651			792,376
Accounts payable and other accrued liabilities		652,720			646,427
Accrued dividends and distributions		—			93,434
Acquired below market leases, net		133,625			148,233
Security deposits and prepaid rents		178,730			154,171
Total Liabilities		5,745,472			5,320,830
Equity:
Stockholders’ equity		3,643,482			3,468,305
Noncontrolling interests		37,087			30,079
Total Equity		3,680,569			3,498,384
Total Liabilities and Equity	$	9,426,041		$	8,819,214

8

Digital Realty Trust, Inc. and Subsidiaries

Reconciliation of Net Income Available to Common Stockholders to Funds From Operations (FFO)

(in thousands, except per share and unit data)

(unaudited)

	Three Months Ended									Nine Months Ended
	September 30, 2013			June 30, 2013			September 30, 2012			September 30, 2013			September 30, 2012
Net income available to common stockholders	$	138,872		$	47,077		$	45,615		$	228,606		$	126,847
Adjustments:
Noncontrolling interests in operating partnership		2,757			936			1,574			4,517			4,821
Real estate related depreciation and amortization (1)		120,006			114,913			100,994			345,609			272,173
Real estate related depreciation and amortization related to investment in unconsolidated joint ventures		788			797			710			2,418			2,481
Gain on contribution of properties to unconsolidated joint venture		(115,054	)		—			—			(115,054	)		—
Gain on sale of assets held in unconsolidated joint venture		—			—			—			—			(2,325	)
FFO available to common stockholders and unitholders (2)	$	147,369		$	163,723		$	148,893		$	466,096		$	403,997
Basic FFO per share and unit	$	1.13		$	1.25		$	1.18		$	3.58		$	3.44
Diluted FFO per share and unit (2)	$	1.10		$	1.22		$	1.13		$	3.47		$	3.28
Weighted average common stock and units outstanding
Basic		130,977			130,974			126,243			130,287			117,291
Diluted (2)		137,851			137,787			137,304			137,728			129,439
(1) Real estate related depreciation and amortization was computed as follows:
Depreciation and amortization per income statement		121,198			115,867			101,840			348,688			274,835
Non-real estate depreciation		(1,192	)		(954	)		(846	)		(3,079	)		(2,662	)
	$	120,006		$	114,913		$	100,994		$	345,609		$	272,173

(2) At September 30, 2013, we had 0 series D convertible preferred shares outstanding, as a result of the conversion of all remaining shares on February 26, 2013, which calculates into 629 common shares on a weighted average basis for the nine months ended September 30, 2013. At September 30, 2012, we had 5,098 series D convertible preferred shares outstanding that were convertible into 4,219 common shares on a weighted average basis for the three months ended September 30, 2012. At September 30, 2012, we had 0 series C convertible preferred shares (as a result of the conversion of all remaining shares on April 17, 2012) and 5,098 series D convertible preferred shares outstanding that were convertible into 1,087 common shares and 4,310 common shares on a weighted average basis for the nine months ended September 30, 2012, respectively. For the three months ended September 30, 2013, June 30, 2013 and September 30, 2012, we have excluded the effect of dilutive series E, series F and series G preferred stock, as applicable, that may be converted upon the occurrence of specified change in control transactions as described in the articles supplementary governing the series E, series F and series G preferred stock, as applicable, which we consider highly improbable; if included, the dilutive effect for the three months ended September 30, 2013, June 30, 2013 and September 30, 2012 would be 12,734, 11,949 and 6,784 shares, respectively. For the nine months ended September 30, 2013 and September 30, 2012, we have excluded the effect of dilutive series E, series F and series G preferred stock, as applicable, that may be converted upon the occurrence of specified change in control transactions as described in the articles supplementary governing the series E, series F and series G preferred stock, as applicable, which we consider highly improbable; if included, the dilutive effect for the nine months ended September 30, 2013 and September 30, 2012 would be 10,851 and 5,289 shares, respectively. In addition, we had a balance of $266,400 of 5.50% exchangeable senior debentures due 2029 that were exchangeable for 6,684, 6,610 and 6,515 common shares on a weighted average basis for the three months ended September 30, 2013, June 30, 2013 and September 30, 2012, respectively, and were exchangeable for 6,628 and 6,471 common shares on a weighted average basis for the nine months ended September 30, 2013 and September 30, 2012, respectively. See below for calculations of diluted FFO available to common stockholders and unitholders and weighted average common stock and units outstanding.

	Three Months Ended						Nine Months Ended
	September 30, 2013		June 30, 2013		September 30, 2012		September 30, 2013		September 30, 2012
FFO available to common stockholders and unitholders	$	147,369	$	163,723	$	148,893	$	466,096	$	403,997
Add: Series C convertible preferred dividends		—		—		—		—		1,402
Add: Series D convertible preferred dividends		—		—		1,723		—		6,515
Add: 5.50% exchangeable senior debentures interest expense		4,050		4,050		4,050		12,150		12,150
FFO available to common stockholders and unitholders — diluted	$	151,419	$	167,773	$	154,666	$	478,246	$	424,064
Weighted average common stock and units outstanding		130,977		130,974		126,243		130,287		117,291
Add: Effect of dilutive securities (excluding series C and D convertible preferred stock and 5.50% exchangeable senior debentures)		190		203		327		184		280
Add: Effect of dilutive series C convertible preferred stock		—		—		—		—		1,087
Add: Effect of dilutive series D convertible preferred stock		—		—		4,219		629		4,310
Add: Effect of dilutive 5.50% exchangeable senior debentures		6,684		6,610		6,515		6,628		6,471
Weighted average common stock and units outstanding — diluted		137,851		137,787		137,304		137,728		129,439

Digital Realty Trust, Inc. and Subsidiaries

Reconciliation of Funds From Operations (FFO) to Core Funds From Operations (CFFO)

(in thousands, except per share and unit data)

(unaudited)

	Three Months Ended									Nine Months Ended
	September 30, 2013			June 30, 2013			September 30, 2012			September 30, 2013			September 30, 2012
FFO available to common stockholders and unitholders — diluted	$	151,419		$	167,773		$	154,666		$	478,246		$	424,064
Termination fees and other non-core revenues (3)		(14	)		(140	)		(1,052	)		(402	)		(8,876	)
Gain on insurance settlement		—			(5,597	)		—			(5,597	)		—
Significant transaction expenses		243			1,491			504			3,497			5,789
Loss from early extinguishment of debt		704			501			—			1,205			303
Straight-line rent expense adjustment attributable to prior periods (4)		9,155			—			—			7,489			—
Change in fair value of contingent consideration (5)		(943	)		(370	)		—			(13	)		—
Other non-core expense adjustments (6)		3			17			923			56			1,260
CFFO available to common stockholders and unitholders — diluted	$	160,567		$	163,675		$	155,041		$	484,481		$	422,540
Diluted CFFO per share and unit	$	1.16		$	1.19		$	1.13		$	3.52		$	3.26

(3) Includes one-time fees, proceeds and certain other adjustments that are not core to our business.

(4) Impact for the three months ended June 30, 2013 and September 30, 2012 and the nine months ended September 30, 2012 would have resulted in additional expense of $833, $833 and $2,499, respectively. CFFO per share and unit, as adjusted, would have been $1.18, $1.12 and $3.25 for the above periods, respectively.

(5) Relates to earn-out contingency in connection with Sentrum Portfolio acquisition.

(6) Includes reversal of accruals and certain other adjustments that are not core to our business.

9

Digital Realty Trust, Inc. and Subsidiaries

Reconciliation of Net Income Available to Common Stockholders to Earnings Before Interest, Taxes,

Depreciation and Amortization (EBITDA) and Adjusted EBITDA

(in thousands)

(unaudited)

	Three Months Ended
	September 30, 2013
Net income available to common stockholders	$	138,872
Interest		47,742
Loss from early extinguishment of debt		704
Taxes		352
Depreciation and amortization		121,198
EBITDA		308,868
Straight-line rent expense adjustment attributable to prior periods		9,155
Gain on contribution of properties to unconsolidated joint venture		(115,054	)
Noncontrolling interests		2,882
Preferred stock dividends		11,726
Adjusted EBITDA	$	217,577

A reconciliation of the range of 2013 projected net income to projected FFO and core FFO follows:

	Low – High
Net income available to common stockholders per diluted share	$2.02 – 2.04
Add:
Real estate depreciation and amortization	$3.62
Less:
Dilutive impact of convertible stock	($0.15)
Less:
Gain from change in control of investment properties	($0.89)
Projected FFO per diluted share	$4.60 – 4.62
Adjustments for items that do not represent core expenses and revenue streams	$0.05
Projected core FFO per diluted share	$4.65 – 4.67

Funds From Operations

Digital Realty calculates Funds from Operations, or FFO, in accordance with the standards established by the National Association of Real Estate Investment Trusts, or NAREIT. FFO represents net income (loss) available to common stockholders and unitholders (computed in accordance with U.S. GAAP), excluding gains (or losses) from sales of property, impairment charges, real estate related depreciation and amortization (excluding amortization of deferred financing costs) and after adjustments for unconsolidated partnerships and joint ventures. Management uses FFO as a supplemental performance measure because, in excluding real estate related depreciation and amortization and gains and losses from property dispositions, it provides a performance measure that, when compared year over year, captures trends in occupancy rates, rental rates and operating costs. Digital Realty also believes that, as a widely recognized measure of the performance of REITs, FFO will be used by investors as a basis to compare our operating performance with that of other REITs. However, because

10

FFO excludes depreciation and amortization and captures neither the changes in the value of our properties that result from use or market conditions, nor the level of capital expenditures and leasing commissions necessary to maintain the operating performance of our properties, all of which have real economic effect and could materially impact our financial condition and results from operations, the utility of FFO as a measure of our performance is limited. Other REITs may not calculate FFO in accordance with the NAREIT definition and, accordingly, our FFO may not be comparable to such other REITs’ FFO. Accordingly, FFO should be considered only as a supplement to net income as a measure of our performance.

Core Funds from Operations

We present core funds from operations, or CFFO, as a supplemental operating measure because, in excluding certain items that do not reflect core revenue or expense streams, it provides a performance measure that, when compared year over year, captures trends in our core business operating performance. We calculate CFFO by adding to or subtracting from FFO (i) termination fees and other non-core revenues, (ii) significant transaction expenses, (iii) loss from early extinguishment of debt, (iv) costs on redemption of preferred stock, (v) significant property tax adjustments, net and (vi) other non-core expense adjustments. Because certain of these adjustments have a real economic impact on our financial condition and results from operations, the utility of CFFO as a measure of our performance is limited. Other REITs may not calculate CFFO in a consistent manner. Accordingly, our CFFO may not be comparable to other REITs’ CFFO. CFFO should be considered only as a supplement to net income computed in accordance with GAAP as a measure of our performance.

EBITDA and Adjusted EBITDA

We believe that earnings before interest expense, income taxes, depreciation and amortization, or EBITDA, and Adjusted EBITDA (as defined below), are useful supplemental performance measures because they allow investors to view our performance without the impact of non-cash depreciation and amortization or the cost of debt and, with respect to Adjusted EBITDA, straight-line rent expense adjustment attributable to prior periods, gain from change in control of investment properties, noncontrolling interests, and preferred stock dividends. Adjusted EBITDA is EBITDA excluding straight-line rent expense adjustment attributable to prior periods, gain from change in control of investment properties, noncontrolling interests, and preferred stock dividends. In addition, we believe EBITDA and Adjusted EBITDA are frequently used by securities analysts, investors and other interested parties in the evaluation of REITs. Because EBITDA and Adjusted EBITDA are calculated before recurring cash charges including interest expense and income taxes, exclude capitalized costs, such as leasing commissions, and are not adjusted for capital expenditures or other recurring cash requirements of our business, their utility as a measure of our performance is limited. Other REITs may calculate EBITDA and Adjusted EBITDA differently than we do; accordingly, our EBITDA and Adjusted EBITDA may not be comparable to such other REITs’ EBITDA and Adjusted EBITDA. Accordingly, EBITDA and Adjusted EBITDA should be considered only as supplements to net income computed in accordance with GAAP as a measure of our financial performance.

11

Additional Definitions

Debt-to-Adjusted EBITDA ratio is calculated using total debt at balance sheet carrying value less unrestricted cash and cash equivalents divided by the product of Adjusted EBITDA multiplied by four.

Debt plus preferred to total enterprise value is mortgage debt and other loans plus preferred stock divided by mortgage debt and other loans plus the liquidation value of preferred stock and the market value of outstanding Digital Realty Trust, Inc. common stock and Digital Realty Trust, L.P. units, assuming the redemption of Digital Realty Trust, L.P. units for shares of Digital Realty Trust, Inc. common stock.

Fixed charge coverage ratio is Adjusted EBITDA divided by the sum of GAAP interest expense, scheduled debt principal payments and preferred dividends. For the quarter ended September 30, 2013, GAAP interest expense was $47.7 million and scheduled debt principal payments and preferred dividends was $14.9 million.

12

EX-99.2

Exhibit 99.2

Supplemental Operating and Financial Data

THIRD QUARTER: SEPTEMBER 30, 2013

This Supplemental Operating and Financial Data package is not an offer to sell or solicitation to buy securities of Digital Realty Trust, Inc. Any offers to sell or solicitations to buy securities of Digital Realty Trust, Inc. shall be made only by means of a prospectus approved for that purpose.

DIGITAL REALTY TRUST, INC.

Third Quarter 2013

	PAGE
Corporate Data
Corporate Information		4
Ownership Structure		6
Consolidated Financial Information
Key Quarterly Financial Data		7
Consolidated Balance Sheets		8
Consolidated Quarterly Statements of Operations		9
Funds From Operations		10
Adjusted Funds From Operations		11
Reconciliation of Earnings Before Interest, Taxes, Depreciation and Amortization and Financial Ratios		12
Same Store and New Properties Consolidated Quarterly Statements of Operations		13
Same Store Operating Trend Summary		14
Consolidated Debt Analysis and Global Revolving Credit Facility		15
Debt Maturities		16
Debt Analysis & Covenant Compliance		17
Portfolio Data
Portfolio Summary		18
Properties Acquired		19
Occupancy Analysis		20
Top 20 Tenants by Annualized Rent		25
Lease Expirations and Lease Distribution		26
Lease Expirations — By Product Type		27
Portfolio Overview by Product Type		28
Summary of Leasing Activity—Signed		29
Summary of Leasing Activity—Commenced		30
Historical Capital Expenditures		31
Developable Land		32
Construction Activity Report		33
Construction Projects in Progress and Total Estimated Direct Cost		34
Definitions
Management Statements on Non-GAAP Supplemental Measures		35

Page 2

DIGITAL REALTY TRUST, INC.

Third Quarter 2013

Statement Regarding Forward-Looking Statements

This supplemental package contains forward-looking statements within the meaning of the federal securities laws, including information related to trends, leasing expectations, weighted average lease terms, the exercise of lease extensions, lease expirations, debt maturities, annualized rent at expiration of leases, the effect new leases and increases in rental rates will have on our rental revenue, our credit ratings, construction and development activity, projected construction costs and other forward-looking financial data. Such statements are based on management’s beliefs and assumptions made based on information currently available to management. Such statements are subject to risks, uncertainties and assumptions and are not guarantees of future performance and may be affected by known and unknown risks, trends, uncertainties and factors that are beyond our control. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or projected. Some of the risks and uncertainties that may cause our actual results, performance or achievements to differ materially from those expressed or implied by forward-looking statements include, among others, the following:

• the impact of the recent deterioration in global economic, credit and market conditions, including the downgrade of the U.S. government’s credit rating;

• current local economic conditions in our geographic markets;

• decreases in information technology spending, including as a result of economic slowdowns or recession;

• adverse economic or real estate developments in our industry or the industry sectors that we sell to (including risks relating to decreasing real estate valuations and impairment charges);

• our dependence upon significant tenants;

• bankruptcy or insolvency of a major tenant or a significant number of smaller tenants;

• defaults on or non-renewal of leases by tenants;

• our failure to obtain necessary debt and equity financing;

• increased interest rates and operating costs;

• risks associated with using debt to fund our business activities, including re-financing and interest rate risks, our failure to repay debt when due, adverse changes in our credit ratings or our breach of covenants or other terms contained in our loan facilities and agreements;

• financial market fluctuations;

• changes in foreign currency exchange rates;

• our inability to manage our growth effectively;

• difficulty acquiring or operating properties in foreign jurisdictions;

• our failure to successfully integrate and operate acquired or developed properties or businesses;

• the suitability of our properties and data center infrastructure, delays or disruptions in connectivity, failure of our physical infrastructure or services or availability of power;

• risks related to joint venture investments, including as a result of our lack of control of such investments;

• delays or unexpected costs in development of properties;

• decreased rental rates or increased vacancy rates;

• increased competition or available supply of data center space;

• our inability to successfully develop and lease new properties and space held for development;

• difficulties in identifying properties to acquire and completing acquisitions;

• our inability to acquire off-market properties;

• our inability to comply with the rules and regulations applicable to reporting companies;

• our failure to maintain our status as a REIT;

• possible adverse changes to tax laws;

• restrictions on our ability to engage in certain business activities;

• environmental uncertainties and risks related to natural disasters;

• losses in excess of our insurance coverage;

• changes in foreign laws and regulations, including those related to taxation and real estate ownership and operation; and

• changes in local, state and federal regulatory requirements, including changes in real estate and zoning laws and increases in real property tax rates.

The risks included here are not exhaustive, and additional factors could adversely affect our business and financial performance. We discussed a number of additional material risks in our annual report on Form 10-K for the year ended December 31, 2012, and other filings with the Securities and Exchange Commission. Those risks continue to be relevant to our performance and financial condition. Moreover, we operate in a very competitive and rapidly changing environment. New risk factors emerge from time to time and it is not possible for management to predict all such risk factors, nor can it assess the impact of all such risk factors on the business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. We expressly disclaim any responsibility to update forward-looking statements, whether as a result of new information, future events or otherwise.

Page 3

DIGITAL REALTY TRUST, INC.

Third Quarter 2013

Corporate Information

Corporate Profile

Digital Realty Trust, Inc. owns, acquires, develops and manages technology-related real estate. The Company is focused on providing datacenter solutions for domestic and international tenants across a variety of industry verticals ranging from financial services, cloud and information technology services, to manufacturing, energy, healthcare, and consumer products. As of September 30, 2013, the Company’s 130 properties, including ten properties held as investments in unconsolidated managed joint ventures and two properties held as investments in unconsolidated non-managed joint ventures, contain applications and operations critical to the day-to-day operations of technology industry tenants and corporate enterprise datacenter tenants. Comprising approximately 21.0 million net rentable square feet, excluding approximately 2.8 million square feet of space held for development, Digital Realty’s portfolio is located throughout North America, Europe, Asia and Australia. For additional information, please visit the Company’s website at www.digitalrealty.com.

Corporate Headquarters

Four Embarcadero Center, Suite 3200

San Francisco, California 94111

Telephone: (415) 738-6500

Facsimile: (415) 738-6501

Web site: www.digitalrealty.com

Senior Management

Michael F. Foust: Chief Executive Officer

A. William Stein: Chief Financial Officer and Chief Investment Officer

Scott E. Peterson: Chief Acquisitions Officer

David J. Caron: Senior Vice President, Portfolio Management

Matthew Miszewski: Senior Vice President, Sales

Investor Relations

To request an Investor Relations package or be added to our e-mail distribution list, please visit our website:

www.digitalrealty.com        (Proceed to Information Request in the Investor Relations section)

Analyst Coverage

Baird	Bank of America Merrill Lynch	Barclays Capital	Canaccord Genuity	Cantor Fitzgerald	Citigroup	Deutsche Bank
Dave Rodgers	James Feldman	Ross Smotrich	Greg Miller	David Toti	Michael Bilerman	Vincent Chao
(216) 737-7341	(646) 855-5808	(212) 526-2306	(212) 389-8128	(212) 915-1219	(212) 816-1685	(212) 250-6799
	Stephen Douglas		Eric Z. Chu	Evan Smith	Emmanuel Korchman
	(646) 855-2615		(212) 389-8129	(212) 915-1220	(212) 816-1382
Evercore	Green Street	ISI	Jefferies	JMP Securities	KeyBanc Capital Markets	Macquarie
Johnathan Schildkraut	John Bejjani	Steve Sakwa	Omotayo Okusanya	William C. Marks	Jordan Sadler	Rob Stevenson
(212) 497-0864	(949) 640-8780	(212) 446-9462	(212) 336-7076	(415) 835-8944	(917) 368-2280	(212) 231-8068
Robert Gutman	Michael Knott	George Auerbach		Mitch Germain	Craig Mailman
(212) 497-0877	(949) 640-8780	(212) 446-9459		(212) 906-3546	(917) 368-2316
MLV & Co.	Morgan Stanley	Raymond James	RBC Capital Markets	Stifel Nicolaus	UBS
Jonathan M. Petersen	Paul Morgan	Paul D. Puryear	Jonathan Atkin	Todd Weller	Ross Nussbaum
(646) 556-9185	(415) 576-2627	(727) 567-2253	(415) 633-8589	(443) 224-1305	(212) 713-2484
	Vance Edelson	William A. Crow		Ben Lowe	Gabriel Hilmoe
	(212) 761-0078	(727) 567-2594		(443) 224-1264	(212) 713-3876

This Supplemental Operating and Financial Data package supplements the information provided in our quarterly and annual reports filed with the Securities and Exchange Commission. Additional information about us and our properties is also available at our website www.digitalrealty.com.

Page 4

DIGITAL REALTY TRUST, INC.

Third Quarter 2013

Corporate Information

Stock Listing Information

The stock of Digital Realty Trust, Inc. is traded primarily on the New York Stock Exchange under the following symbols:

Common Stock:		DLR
Series E Preferred Stock:		DLRPRE
Series F Preferred Stock:		DLRPRF
Series G Preferred Stock:		DLRPRG
Note that symbols may vary by stock quote provider.
Credit Ratings
Standard & Poors
Corporate Credit Rating	BBB	(Stable Outlook)
Preferred Stock	BB+
Moody’s
Issuer Rating	Baa2	(Stable Outlook)
Preferred Stock	Baa3
Fitch
Issuer Default Rating	BBB	(Stable Outlook)
Preferred Stock	BB+

These credit ratings may not reflect the potential impact of risks relating to the structure or trading of the Company’s securities and are provided solely for informational purposes. Credit ratings are not recommendations to buy, sell or hold any security, and may be revised or withdrawn at any time by the issuing organization in its sole discretion. The Company does not undertake any obligation to maintain the ratings or to advise of any change in ratings. Each agency’s rating should be evaluated independently of any other agency’s rating. An explanation of the significance of the ratings may be obtained from each of the rating agencies.

Common Stock Price Performance

The following summarizes recent activity of Digital Realty’s common stock (DLR):

	3rd Quarter 2013			2nd Quarter 2013			1st Quarter 2013			4th Quarter 2012			3rd Quarter 2012			2nd Quarter 2012			1st Quarter 2012
High Price *	$	65.43		$	74.00		$	72.92		$	70.16		$	80.59		$	76.04		$	74.04
Low Price *	$	50.98		$	56.02		$	62.75		$	59.25		$	66.70		$	67.84		$	65.00
Closing Price, end of quarter *	$	53.10		$	61.00		$	66.91		$	67.89		$	69.85		$	75.07		$	73.97
Average daily trading volume *		1,571,339			1,680,636			1,420,527			1,389,261			1,215,760			1,073,521			1,026,947
Indicated dividend per common share **	$	3.12		$	3.12		$	3.12		$	2.92		$	2.92		$	2.92		$	2.92
Closing annual dividend yield, end of quarter		5.9	%		5.1	%		4.7	%		4.3	%		4.2	%		3.9	%		3.9	%
Closing shares and units outstanding, end of quarter ***		131,421,001			131,418,758			131,410,505			127,992,183			127,887,458			115,050,528			112,215,683
Closing market value of shares and units outstanding (thousands), end of quarter	$	6,978,455		$	8,016,544		$	8,792,677		$	8,689,389		$	8,932,939		$	8,636,843		$	8,300,594

* New York Stock Exchange trades only.

** On an annualized basis.

*** As of September 30, 2013, the total number of shares and units includes 128,438,970 common stock, 1,500,814 common units held by third parties and 1,481,217 common units, vested and unvested long-term incentive units and vested class C units held by officers and directors, and excludes all unexercised common stock options and all shares potentially issuable upon exchange of our 5.50% exchangeable senior debentures due 2029 or upon conversion of our series E, series F and series G cumulative redeemable preferred stock upon certain change of control transactions.

This Supplemental Operating and Financial Data package supplements the information provided in our quarterly and annual reports filed with the Securities and Exchange Commission. Additional information about us and our properties is also available at our website www.digitalrealty.com.

Page 5

DIGITAL REALTY TRUST, INC.

Third Quarter 2013

Partner	# of Units (2)		% Ownership
Digital Realty Trust, Inc.		128,438,970		97.7	%
Cambay Tele.com, LLC (3)		1,500,814		1.2	%
Directors, Executive Officers and Others		1,481,217		1.1	%
Total		131,421,001		100.0	%

(1) Reflects limited partnership interests held by our officers and directors in the form of common units, vested and unvested long-term incentive units and vested class C units and excludes all unexercised common stock options.

(2) The total number of units includes 128,438,970 common units, 1,500,814 common units held by third parties and 1,481,217 common units, vested and unvested long-term incentive units and vested class C units held by officers and directors, and excludes all unexercised common stock options and all shares potentially issuable upon exchange of our 5.50% exchangeable senior debentures due 2029 or upon conversion of our series E, series F and series G cumulative redeemable preferred stock upon certain change of control transactions.

(3) This third-party contributor received the common units (along with cash and our operating partnership’s assumption of debt) in exchange for their interests in 200 Paul Avenue 1-4, 1100 Space Park Drive, the eXchange colocation business and other specified assets and liabilities. Includes 403,913 common units held by the members of Cambay Tele.com, LLC.

Page 6

DIGITAL REALTY TRUST, INC.

Third Quarter 2013

Key Quarterly Financial Data

(Unaudited and dollars in thousands, except per share data)

	30-Sep-13			30-Jun-13			31-Mar-13			31-Dec-12			30-Sep-12			30-Jun-12			31-Mar-12
Shares and Units at End of Quarter
Common shares outstanding		128,438,970			128,421,888			128,413,791			125,140,783			123,261,390			110,268,388			107,342,049
Common units outstanding		2,982,031			2,996,870			2,996,714			2,851,400			4,626,068			4,782,140			4,873,634
Total shares and operating partnership units		131,421,001			131,418,758			131,410,505			127,992,183			127,887,458			115,050,528			112,215,683
Enterprise Value
Market value of common equity (1)	$	6,978,455		$	8,016,544		$	8,792,677		$	8,689,389		$	8,932,939		$	8,636,843		$	8,300,594
Liquidation value of preferred equity		720,000			720,000			470,000			593,413			597,447			644,096			590,081
Total debt at balance sheet carrying value		4,780,397			4,698,248			4,682,124			4,278,565			4,080,073			3,400,212			3,271,848
Total enterprise value	$	12,478,852		$	13,434,792		$	13,944,801		$	13,561,367		$	13,610,459		$	12,681,151		$	12,162,523
Total debt/Total enterprise value		38.3	%		35.0	%		33.6	%		31.5	%		30.0	%		26.8	%		26.9	%
Selected Balance Sheet Data
Investments in real estate (before depreciation)	$	9,576,467		$	9,335,886		$	9,011,433		$	8,809,153		$	8,430,710		$	6,828,926		$	6,511,710
Total assets		9,426,041			9,184,859			8,971,492			8,819,214			8,512,598			6,717,113			6,418,061
Total liabilities		5,745,472			5,601,589			5,589,544			5,320,830			4,985,042			3,978,929			3,785,077
Selected Operating Data
Total operating revenues	$	379,456		$	363,502		$	358,370		$	349,736		$	342,479		$	303,704		$	283,148
Total operating expenses		294,279			263,508			259,784			255,098			245,404			215,255			197,232
Interest expense		47,742			47,583			48,078			40,350			41,047			37,681			38,030
Net income		153,480			59,621			51,681			55,895			56,921			53,968			49,263
Net income available to common stockholders		138,872			47,077			42,657			44,815			45,615			42,021			39,211
Financial Ratios
EBITDA (2)	$	308,868		$	211,238		$	203,561		$	192,893		$	189,212		$	170,211		$	161,957
Adjusted EBITDA (3)	$	217,577		$	223,782		$	212,585		$	203,973		$	200,518		$	182,158		$	172,009
Cash interest expense (4)	$	68,020		$	35,563		$	56,163		$	30,311		$	54,517		$	27,447		$	53,876
Fixed charges (5)	$	82,894		$	50,735		$	68,113		$	43,829		$	67,919		$	42,646		$	66,477
Debt service coverage ratio (6)		3.2	x		6.3	x		3.8	x		6.7	x		3.7	x		6.6	x		3.2	x
Fixed charge coverage ratio (7)		2.6	x		4.4	x		3.1	x		4.7	x		3.0	x		4.3	x		2.6	x
Profitability Measures
Net income per common share—basic	$	1.08		$	0.37		$	0.34		$	0.36		$	0.37		$	0.38		$	0.37
Net income per common share—diluted	$	1.06		$	0.37		$	0.34		$	0.36		$	0.37		$	0.38		$	0.36
Funds From Operations (FFO) per diluted share and unit (8)	$	1.10		$	1.22		$	1.16		$	1.16		$	1.13		$	1.09		$	1.06
Adjusted Funds From Operations (AFFO) per diluted share and unit (9)	$	0.92		$	0.95		$	0.92		$	0.88		$	0.88		$	0.86		$	0.86
Dividends per share and common unit	$	0.78		$	0.78		$	0.78		$	0.73		$	0.73		$	0.73		$	0.73
Diluted FFO payout ratio (10)		71.0	%		64.1	%		67.5	%		63.0	%		64.8	%		67.1	%		69.1	%
Diluted AFFO payout ratio (9) (11)		84.7	%		82.1	%		85.2	%		82.6	%		82.6	%		85.4	%		84.6	%
Portfolio Statistics
Buildings (12)		188			187			178			171			164			158			152
Properties (12)		130			129			127			122			115			110			107
Net rentable square feet, excluding development space (12)		21,033,398			20,948,042			20,606,509			19,889,396			19,322,704			18,282,226			17,629,567
Square feet held for development (13)		2,817,984			2,798,241			2,588,034			2,427,257			2,242,204			2,177,144			2,189,203
Occupancy at end of quarter (14)		93.0	%		93.1	%		94.0	%		94.4	%		94.2	%		93.5	%		94.8	%
Weighted average remaining lease term (years) (15)		6.9			7.1			6.9			6.9			7.0			7.0			7.0
Same store occupancy at end of quarter (14) (16)		91.8	%		92.3	%		93.1	%		93.7	%		94.2	%		93.2	%		94.6	%

(1) The market value of common equity is based on the closing stock price at the end of the quarter and assumes 100% redemption of the limited partnership units in our operating partnership, including common units and vested and unvested long-term incentive units (including vested class C units), for shares of our common stock. Excludes shares issuable with respect to stock options that have been granted but have not yet been exercised, and also excludes all shares potentially issuable upon exchange of our 5.50% exchangeable senior debentures due 2029 or upon conversion of our series E, series F and series G cumulative redeemable preferred stock upon certain change of control transactions.

(2) EBITDA is calculated as earnings before interest, taxes, depreciation and amortization. For a discussion of EBITDA, see page 35. For a reconciliation of net income available to common stockholders to EBITDA, see page 12.

(3) Adjusted EBITDA is EBITDA adjusted for straight-line rent expense adjustment attributable to prior periods, gain on contribution of properties to unconsolidated joint venture, preferred dividends and non-controlling interests. For a discussion of Adjusted EBITDA, see page 35. For a reconciliation of net income available to common stockholders to Adjusted EBITDA, see page 12.

(4) Cash interest expense is interest expense per our statement of operations less amortization of debt discount and deferred financing fees and includes interest that we capitalized. For a reconciliation of GAAP interest expense to cash interest expense, see page 12.

(5) Fixed charges consist of cash interest expense, scheduled debt principal payments and preferred dividends.

(6) Debt service coverage ratio is Adjusted EBITDA divided by cash interest expense.

(7) Fixed charge coverage ratio is Adjusted EBITDA divided by fixed charges.

(8) For a definition and discussion of FFO, see page 35. For a reconciliation of net income available to common stockholders to FFO, see page 10.

(9) All periods presented include internal leasing commissions, the amounts of which have historically been included in capitalized leasing commissions and were previously excluded from recurring capital expenditures. For a definition and discussion of AFFO, see page 35. For a reconciliation of FFO to AFFO, see page 11.

(10) Diluted FFO payout ratio is dividends declared per common share and unit divided by diluted FFO per share and unit.

(11) Diluted AFFO payout ratio is dividends declared per common share and unit divided by diluted AFFO per share and unit.

(12) Includes properties held as investments in unconsolidated joint ventures.

(13) Development space requires significant capital investment in order to develop data center facilities that are ready for use. Most often this is shell space. However, in certain circumstances this may include partially built datacenter space that was not completed by previous ownership and requires a large capital investment in order to build out the space.

(14) Occupancy and same store occupancy exclude space held for development and non-managed properties held as investments in unconsolidated joint ventures. For some of our properties, we calculate occupancy based on factors in addition to contractually leased square feet, including available power, required support space and common area.

(15) Weighted average remaining lease term excludes renewal options and is weighted by net rentable square feet.

(16) Same store properties were acquired before December 31, 2011.

Page 7

DIGITAL REALTY TRUST, INC.

Third Quarter 2013

Consolidated Balance Sheets

(Dollars in thousands, except per share data)

	September 30, 2013			December 31, 2012
ASSETS		(unaudited	)
Investments in real estate
Land	$	684,644		$	661,058
Acquired ground leases		14,355			13,658
Buildings and improvements		8,357,786			7,662,973
Tenant improvements		466,616			404,830
Investments in real estate		9,523,401			8,742,519
Accumulated depreciation and amortization		(1,459,055	)		(1,206,017	)
Net investments in properties		8,064,346			7,536,502
Land held for sale		11,015			—
Investment in unconsolidated joint ventures		53,066			66,634
Net investments in real estate		8,128,427			7,603,136
Cash and cash equivalents		55,118			56,281
Accounts and other receivables, net of allowance for doubtful accounts of $5,269 and $3,609 as of September 30, 2013 and December 31, 2012, respectively		191,715			168,286
Deferred rent		369,979			321,715
Acquired above market leases, net		54,446			65,055
Acquired in place lease value and deferred leasing costs, net		484,445			495,205
Deferred financing costs, net		39,132			30,621
Restricted cash		42,457			44,050
Other assets		60,322			34,865
Total Assets	$	9,426,041		$	8,819,214
LIABILITIES AND EQUITY
Global revolving credit facility	$	498,082		$	723,729
Unsecured term loan		950,205			757,839
Unsecured senior notes, net of discount		2,382,059			1,738,221
Exchangeable senior debentures		266,400			266,400
Mortgage loans, net of premiums		683,651			792,376
Accounts payable and other accrued liabilities		652,720			646,427
Accrued dividends and distributions		—			93,434
Acquired below market leases, net		133,625			148,233
Security deposits and prepaid rents		178,730			154,171
Total Liabilities		5,745,472			5,320,830
Commitments and contingencies		—			—
EQUITY:
Stockholders’ equity:
Preferred Stock: $0.01 par value per share, 70,000,000 shares authorized:
Series D Cumulative Convertible Preferred Stock, 5.500%, $0 and $123,413 liquidation preference, respectively ($25.00 per share), 0 and 4,936,505 shares issued and outstanding as of September 30, 2013 and December 31, 2012, respectively		—			119,348
Series E Cumulative Redeemable Preferred Stock, 7.000%, $287,500 and $287,500 liquidation preference, respectively ($25.00 per share), 11,500,000 and 11,500,000 shares issued and outstanding as of September 30, 2013 and December 31, 2012, respectively		277,172			277,172
Series F Cumulative Redeemable Preferred Stock, 6.625%, $182,500 and $182,500 liquidation preference, respectively ($25.00 per share), 7,300,000 and 7,300,000 shares issued and outstanding as of September 30, 2013 and December 31, 2012, respectively		176,191			176,191
Series G Cumulative Redeemable Preferred Stock, 5.875%, $250,000 and $0 liquidation preference, respectively ($25.00 per share), 10,000,000 and 0 shares issued and outstanding as of September 30, 2013 and December 31, 2012, respectively		241,511			—
Common Stock: $0.01 par value per share, 215,000,000 shares authorized, 128,438,970 and 125,140,783 shares issued and outstanding as of September 30, 2013 and December 31, 2012, respectively		1,279			1,247
Additional paid-in capital		3,685,668			3,562,642
Dividends in excess of earnings		(728,012	)		(656,104	)
Accumulated other comprehensive income, net		(10,327	)		(12,191	)
Total stockholders’ equity		3,643,482			3,468,305
Noncontrolling interests:
Noncontrolling interest in operating partnership		30,264			24,135
Noncontrolling interest in consolidated joint ventures		6,823			5,944
Total noncontrolling interests		37,087			30,079
Total Equity		3,680,569			3,498,384
Total Liabilities and Equity	$	9,426,041		$	8,819,214

Page 8

DIGITAL REALTY TRUST, INC.

Third Quarter 2013

Consolidated Quarterly Statements of Operations

(unaudited and in thousands, except share and per share data)

	Three Months Ended
	30-Sep-13			30-Jun-13			31-Mar-13			31-Dec-12			30-Sep-12			30-Jun-12			31-Mar-12
Rental	$	290,712		$	285,953		$	281,399		$	272,906		$	260,052		$	234,923		$	222,834
Tenant reimbursements—Utilities		59,936			54,397			51,245			50,085			56,126			41,931			37,378
Tenant reimbursements—Other		28,123			22,284			24,672			25,062			22,752			18,491			20,484
Construction management		671			728			806			1,525			2,497			1,954			2,452
Other		14			140			248			158			1,052			6,405			—
Total operating revenues		379,456			363,502			358,370			349,736			342,479			303,704			283,148
Utilities		65,055			57,142			53,972			53,040			58,866			43,622			39,352
Rental property operating		28,460			26,911			29,180			25,044			25,914			24,065			19,768
Repairs and maintenance		24,788			22,283			23,628			28,011			21,880			19,889			20,725
Non-cash straight-line rent expense adjustment		9,988			—			—			—			—			—			—
Property taxes		26,074			19,374			21,042			19,682			17,982			15,769			16,042
Insurance		2,144			2,238			2,205			2,647			2,463			2,260			2,230
Construction management		51			294			384			184			623			596			193
Depreciation and amortization		121,198			115,867			111,623			107,718			101,840			89,000			83,995
General and administrative		16,275			17,891			15,951			13,441			14,409			15,109			14,250
Transactions		243			1,491			1,763			5,331			504			4,608			677
Other		3			17			36			—			923			337			—
Total operating expenses		294,279			263,508			259,784			255,098			245,404			215,255			197,232
Operating income		85,177			99,994			98,586			94,638			97,075			88,449			85,916
Equity in earnings of unconsolidated joint ventures		2,174			2,330			2,335			1,733			1,520			3,493			1,389
Gain on insurance settlement		—			5,597			—			—			—			—			—
Gain on contribution of properties to unconsolidated joint venture		115,054			—			—			—			—			—			—
Interest and other income		(127	)		(6	)		41			(116	)		83			1,216			709
Interest expense		(47,742	)		(47,583	)		(48,078	)		(40,350	)		(41,047	)		(37,681	)		(38,030	)
Tax expense		(352	)		(210	)		(1,203	)		(10	)		(710	)		(1,206	)		(721	)
Loss from early extinguishment of debt		(704	)		(501	)		—			—			—			(303	)		—
Net income		153,480			59,621			51,681			55,895			56,921			53,968			49,263
Net income attributable to noncontrolling interests		(2,882	)		(1,145	)		(970	)		(1,329	)		(1,529	)		(1,634	)		(1,221	)
Net income attributable to Digital Realty Trust, Inc.		150,598			58,476			50,711			54,566			55,392			52,334			48,042
Preferred stock dividends		(11,726	)		(11,399	)		(8,054	)		(9,751	)		(9,777	)		(10,313	)		(8,831	)
Net income available to common stockholders	$	138,872		$	47,077		$	42,657		$	44,815		$	45,615		$	42,021		$	39,211
Net income per share available to common stockholders—basic	$	1.08		$	0.37		$	0.34		$	0.36		$	0.37		$	0.38		$	0.37
Net income per share available to common stockholders—diluted	$	1.06		$	0.37		$	0.34		$	0.36		$	0.37		$	0.38		$	0.36
Weighted-average shares outstanding—basic		128,427,444			128,419,745			126,445,285			123,824,957			122,026,421			109,761,017			107,099,856
Weighted-average shares outstanding—diluted		135,301,765			128,623,076			126,738,339			124,145,590			122,353,511			110,166,082			107,584,856
Weighted-average fully diluted shares and units		137,851,514			131,177,283			129,181,095			127,835,847			126,569,841			114,505,563			111,917,822

Page 9

DIGITAL REALTY TRUST, INC.

Third Quarter 2013

Funds From Operations (FFO)

(unaudited and in thousands, except per share data)

	Three Months Ended
	30-Sep-13			30-Jun-13			31-Mar-13			31-Dec-12			30-Sep-12			30-Jun-12			31-Mar-12
Reconciliation of net income available to common stockholders to FFO (Note):
Net income available to common stockholders	$	138,872		$	47,077		$	42,657		$	44,815		$	45,615		$	42,021		$	39,211
Adjustments:
Noncontrolling interests in operating partnership		2,757			936			824			1,336			1,574			1,661			1,586
Real estate related depreciation and amortization (1)		120,006			114,913			110,690			106,797			100,994			88,186			82,993
Real estate related depreciation and amortization related to investment in unconsolidated joint ventures		788			797			833			727			710			866			905
Gain on contribution of properties to unconsolidated joint venture		(115,054	)		—			—			—			—			—			—
Gain on sale of assets held in unconsolidated joint venture		—			—			—			—			—			(2,325	)		—
FFO available to common stockholders and unitholders	$	147,369		$	163,723		$	155,004		$	153,675		$	148,893		$	130,409		$	124,695
FFO per share and unit:
Basic	$	1.13		$	1.25		$	1.20		$	1.21		$	1.18		$	1.14		$	1.12
Diluted (2)	$	1.10		$	1.22		$	1.16		$	1.16		$	1.13		$	1.09		$	1.06
Weighted-average shares and units outstanding—basic		130,977			130,974			128,888			127,515			126,243			114,100			111,433
Weighted-average shares and units outstanding—diluted (2)		137,851			137,787			137,680			137,510			137,304			125,824			125,482
(1) Real estate related depreciation and amortization was computed as follows:
Depreciation and amortization per income statement	$	121,198		$	115,867		$	111,623		$	107,718		$	101,840		$	89,000		$	83,995
Non-real estate depreciation		(1,192	)		(954	)		(933	)		(921	)		(846	)		(814	)		(1,002	)
	$	120,006		$	114,913		$	110,690		$	106,797		$	100,994		$	88,186		$	82,993
(2)    For the three months ended September 30, 2013, we have excluded the effect of dilutive series E, series F and series G preferred stock, as applicable, that may be converted upon the occurrence of specified change in control transactions as described in the articles supplementary governing the series E, series F and series G preferred stock, as applicable, which we consider highly improbable; if included, the dilutive effect for the three months ended September 30, 2013 would be 12,734. In addition, we had a balance of $266,400 of 5.50% exchangeable senior debentures due 2029 that were exchangeable for 6,684 common shares on a weighted average basis for the three months ended September 30, 2013. See below for calculations of diluted FFO available to common stockholders and unitholders and weighted average common stock and units outstanding.
FFO available to common stockholders and unitholders	$	147,369		$	163,723		$	155,004		$	153,675		$	148,893		$	130,409		$	124,695
Add: Series C convertible preferred dividends		—			—			—			—			—			—			1,402
Add: Series D convertible preferred dividends		—			—			—			1,697			1,723			2,394			2,398
Add: 5.50% exchangeable senior debentures interest expense		4,050			4,050			4,050			4,050			4,050			4,050			4,050
FFO available to common stockholders and unitholders — diluted	$	151,419		$	167,773		$	159,054		$	159,422		$	154,666		$	136,853		$	132,545
Weighted average common stock and units outstanding		130,977			130,974			128,888			127,515			126,243			114,100			111,433
Add: Effect of dilutive securities (excl. series C & D convert. preferred stock & 5.50% debentures)		190			203			293			321			327			405			485
Add: Effect of dilutive series C convertible preferred stock		—			—			—			—			—			489			2,785
Add: Effect of dilutive series D convertible preferred stock		—			—			1,909			3,143			4,219			4,374			4,337
Add: Effect of dilutive 5.50% exchangeable senior debentures		6,684			6,610			6,590			6,531			6,515			6,456			6,442
Weighted average common stock and units outstanding — diluted		137,851			137,787			137,680			137,510			137,304			125,824			125,482

Note: For a definition and discussion of FFO, see page 35.

Page 10

DIGITAL REALTY TRUST, INC.

Third Quarter 2013

Adjusted Funds From Operations (AFFO)

(Unaudited and in thousands)

	Three Months Ended
	30-Sep-13			30-Jun-13			31-Mar-13			31-Dec-12			30-Sep-12			30-Jun-12			31-Mar-12
Reconcillation of FFO to AFFO (Note):
FFO available to common stockholders and unitholders	$	147,369		$	163,723		$	155,004		$	153,675		$	148,893		$	130,409		$	124,695
Adjustments:
Non-real estate depreciation		1,192			954			933			921			846			814			1,002
Amortization of deferred financing costs		2,831			2,471			2,431			2,359			2,328			1,799			2,214
Amortization of debt discount		418			418			605			340			260			250			247
Non-cash compensation		3,647			3,580			2,888			2,709			2,741			3,775			3,407
Loss from early extinguishment of debt		704			501			—			—			—			303			—
Straight-line rents		(19,661	)		(19,892	)		(21,169	)		(20,004	)		(20,221	)		(19,649	)		(15,902	)
Non-cash straight-line rent expense adjustment		9,988			—			—			—			—			—			—
Above and below market rent amortization		(2,746	)		(3,041	)		(3,045	)		(2,819	)		(2,333	)		(2,871	)		(2,239	)
Change in fair value of contingent consideration (3)		(943	)		(370	)		1,300			(1,051	)		—			—			—
Capitalized leasing compensation		(4,924	)		(4,786	)		(5,053	)(5)		(4,008	)		(3,847	)		(3,334	)		(3,913	)
Recurring capital expenditures (4)		(12,895	)		(13,429	)		(9,860	)		(14,432	)		(11,015	)		(9,229	)		(6,754	)
Capitalized internal leasing commissions		(2,077	)		(3,331	)		(2,025	)		(1,877	)		(2,040	)		(1,100	)		(2,284	)
AFFO available to common stockholders and unitholders	$	122,903		$	126,798		$	122,009		$	115,813		$	115,612		$	101,167		$	100,473

(3) Relates to earn-out contingency in connection with Sentrum Portfolio acquisition.

(4) For a definition, see page 31.

(5) Corrects understated amount in previously reported capitalized leasing compensation.

Note: For a definition and discussion of AFFO, see page 35. For a reconciliation of net income available to common stockholders to FFO, see above table.

Page 11

DIGITAL REALTY TRUST, INC.

Third Quarter 2013

Reconciliation of Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) ⁽¹⁾

(unaudited and in thousands)

	Three Months Ended
	30-Sep-13			30-Jun-13		31-Mar-13		31-Dec-12		30-Sep-12		30-Jun-12		31-Mar-12
Net income available to common stockholders	$	138,872		$	47,077	$	42,657	$	44,815	$	45,615	$	42,021	$	39,211
Interest		47,742			47,583		48,078		40,350		41,047		37,681		38,030
Loss from early extinguishment of debt		704			501		—		—		—		303		—
Taxes		352			210		1,203		10		710		1,206		721
Depreciation and amortization		121,198			115,867		111,623		107,718		101,840		89,000		83,995
EBITDA		308,868			211,238		203,561		192,893		189,212		170,211		161,957
Straight-line rent expense adjustment attributable to prior periods		9,155			—		—		—		—		—		—
Gain on contribution of properties to unconsolidated joint venture		(115,054	)		—		—		—		—		—		—
Noncontrolling interests		2,882			1,145		970		1,329		1,529		1,634		1,221
Preferred stock dividends		11,726			11,399		8,054		9,751		9,777		10,313		8,831
Adjusted EBITDA	$	217,577		$	223,782	$	212,585	$	203,973	$	200,518	$	182,158	$	172,009

(1) For the definition and discussion of EBITDA and Adjusted EBITDA, see page 35. EBITDA and Adjusted EBITDA for the three months ended June 30, 2012 include a gain on sale of 700 / 750 Central Expressway, held through an unconsolidated joint venture, of approximately $2.3 million. Excluding this gain, EBITDA and Adjusted EBITDA would have been $167.9 million and $179.9 million, respectively, for three months ended June 30, 2012.

Financial Ratios

(unaudited and in thousands)

	30-Sep-13			30-Jun-13			31-Mar-13			31-Dec-12			30-Sep-12			30-Jun-12			31-Mar-12
Total GAAP interest expense	$	47,742		$	47,583		$	48,078		$	40,350		$	41,047		$	37,681		$	38,030
Capitalized interest		6,882			6,617			5,343			7,833			4,496			4,602			4,526
Change in accrued interest and other non-cash amounts		13,396			(18,637	)		2,742			(17,872	)		8,974			(14,836	)		11,320
Cash interest expense (a)		68,020			35,563			56,163			30,311			54,517			27,447			53,876
Scheduled debt principal payments and preferred dividends		14,874			15,172			11,950			13,518			13,402			15,199			12,601
Total fixed charges (b)	$	82,894		$	50,735		$	68,113		$	43,829		$	67,919		$	42,646		$	66,477
Debt service coverage ratio based on GAAP interest expense (c)		4.6	x		4.7	x		4.4	x		5.1	x		4.9	x		4.8	x		4.5	x
Debt service coverage ratio based on cash interest expense (d)		3.2	x		6.3	x		3.8	x		6.7	x		3.7	x		6.6	x		3.2	x
Fixed charge coverage ratio based on GAAP interest expense (e)		3.5	x		3.6	x		3.5	x		3.8	x		3.7	x		3.4	x		3.4	x
Fixed charge coverage ratio based on cash interest expense (f)		2.6	x		4.4	x		3.1	x		4.7	x		3.0	x		4.3	x		2.6	x
Debt to total enterprise value including debt and preferred equity (g)		38.3	%		35.0	%		33.6	%		31.5	%		30.0	%		26.8	%		26.9	%
Debt plus preferred stock to total enterprise value including debt and preferred equity (h)		44.1	%		40.3	%		36.9	%		35.9	%		34.4	%		31.9	%		31.8	%
Pre-tax income to interest expense (i)		4.2	x		2.3	x		2.1	x		2.4	x		2.4	x		2.4	x		2.3	x
Net Debt to Adjusted EBITDA (j)		5.4	x		5.2	x		5.5	x		5.2	x		5.0	x		4.6	x		4.7	x

(a) Cash interest expense is interest expense less amortization of debt discount and deferred financing fees and includes interest that we capitalized. We consider cash interest expense to be a useful measure of interest as it excludes non-cash based interest expense.

(b) Fixed charges consist of cash interest expense, scheduled debt principal payments and preferred dividends.

(c) Adjusted EBITDA divided by GAAP interest expense.

(d) Adjusted EBITDA divided by cash interest expense.

(e) Adjusted EBITDA divided by the sum of GAAP interest expense, scheduled debt principal payments and preferred dividends.

(f) Adjusted EBITDA divided by fixed charges.

(g) Mortgage debt and other loans divided by mortgage debt and other loans plus the liquidation value of preferred stock and the market value of outstanding common stock and operating partnership units, assuming the redemption of operating partnership units for shares of our common stock.

(h) Same as (g), except numerator includes preferred stock.

(i) Calculated as net income, adding back interest expense and divided by GAAP interest expense.

(j) Calculated as total debt at balance sheet carrying value (see page 7) less unrestricted cash and cash equivalents divided by the product of Adjusted EBITDA multiplied by four.

Page 12

DIGITAL REALTY TRUST, INC.

Third Quarter 2013

Same Store and New Properties Consolidated Quarterly Statements of Operations

(unaudited and in thousands)

	Three Months Ended
Same store (1)	30-Sep-13			30-Jun-13			31-Mar-13			31-Dec-12			30-Sep-12			30-Jun-12			31-Mar-12
Operating Revenues:
Rental	$	244,617		$	241,528		$	238,957		$	231,214		$	226,583		$	223,059		$	215,125
Tenant reimbursements—Utilities		51,075			44,600			42,525			41,736			47,127			40,726			36,879
Tenant reimbursements—Other		20,022			17,014			18,955			18,718			18,326			17,415			19,015
Construction management (2)		—			—			—			—			—			—			—
Other		14			—			248			158			1,052			6,405			—
Total operating revenues		315,728			303,142			300,685			291,826			293,088			287,605			271,019
Operating Expenses:
Utilities		55,620			47,186			45,032			44,633			50,080			42,468			38,854
Rental property operating		25,795			24,318			25,234			23,216			23,686			23,307			19,297
Repairs and maintenance		22,351			20,143			21,457			25,664			20,558			19,615			20,654
Non-cash straight-line rent expense adjustment		9,988			—			—			—			—			—			—
Property taxes		21,397			16,045			17,787			16,455			15,781			14,622			15,231
Insurance		1,778			1,869			1,952			2,142			1,994			2,061			2,037
Construction management (2)		—			—			—			—			—			—			—
Depreciation and amortization		99,499			96,857			94,075			89,881			87,186			84,841			81,246
General and administrative (3)		16,275			17,891			15,951			13,441			14,409			15,109			14,250
Transactions (4)		—			—			—			—			—			—			—
Other		3			17			36			—			923			337			—
Total operating expenses		252,706			224,326			221,524			215,432			214,617			202,360			191,569
Operating income		63,022			78,816			79,161			76,394			78,471			85,245			79,450
Other Income (Expenses):
Equity in earnings of unconsolidated joint ventures		2,321			2,346			2,346			1,743			1,531			3,493			1,389
Gain on insurance settlement		—			5,597			—			—			—			—			—
Gain on contribution of properties to unconsolidated joint venture		—			—			—			—			—			—			—
Interest and other income		(120	)		(21	)		39			(118	)		(53	)		1,263			774
Interest expense		(40,425	)		(40,486	)		(42,007	)		(38,383	)		(39,208	)		(37,643	)		(38,030	)
Tax expense		99			162			(827	)		320			(583	)		(1,079	)		(594	)
Loss from early extinguishment of debt		(704	)		(501	)		—			—			—			(303	)		—
Net income	$	24,193		$	45,913		$	38,712		$	39,956		$	40,158		$	50,976		$	42,989
New properties/Managed Joint Venture (1)
Operating Revenues:
Rental	$	46,095		$	44,425		$	42,442		$	41,692		$	33,469		$	11,864		$	7,709
Tenant reimbursements—Utilities		8,861			9,797			8,720			8,349			8,999			1,205			499
Tenant reimbursements—Other		8,101			5,270			5,717			6,344			4,426			1,076			1,469
Construction management (2)		671			728			806			1,525			2,497			1,954			2,452
Other		—			140			—			—			—			—			—
Total operating revenues		63,728			60,360			57,685			57,910			49,391			16,099			12,129
Operating Expenses:
Utilities		9,435			9,956			8,940			8,407			8,786			1,154			498
Rental property operating		2,665			2,593			3,946			1,828			2,228			758			471
Repairs and maintenance		2,437			2,140			2,171			2,347			1,322			274			71
Non-cash straight-line rent expense adjustment		—			—			—			—			—			—			—
Property taxes		4,677			3,329			3,255			3,227			2,201			1,147			811
Insurance		366			369			253			505			469			199			193
Construction management (2)		51			294			384			184			623			596			193
Depreciation and amortization		21,699			19,010			17,548			17,837			14,654			4,159			2,749
General and administrative (3)		—			—			—			—			—			—			—
Transactions (4)		243			1,491			1,763			5,331			504			4,608			677
Other		—			—			—			—			—			—			—
Total operating expenses		41,573			39,182			38,260			39,666			30,787			12,895			5,663
Operating income		22,155			21,178			19,425			18,244			18,604			3,204			6,466
Other Income (Expenses):
Equity in earnings of unconsolidated joint ventures		(147	)		(16	)		(11	)		(10	)		(11	)		—			—
Gain on insurance settlement		—			—			—			—			—			—			—
Gain on contribution of properties to unconsolidated joint venture		115,054			—			—			—			—			—			—
Interest and other income		(7	)		15			2			2			136			(47	)		(65	)
Interest expense		(7,317	)		(7,097	)		(6,071	)		(1,967	)		(1,839	)		(38	)		—
Tax expense		(451	)		(372	)		(376	)		(330	)		(127	)		(127	)		(127	)
Loss from early extinguishment of debt		—			—			—			—			—			—			—
Net Income	$	129,287		$	13,708		$	12,969		$	15,939		$	16,763		$	2,992		$	6,274

(1) Same store properties are properties that were acquired on or before December 31, 2011 and new properties are properties acquired after December 31, 2011.

(2) Construction management revenues and expenses are included entirely in new properties as they are not allocable to specific properties.

(3) General and administrative expenses are included entirely in same store properties as they are not allocable to specific properties.

(4) Transaction expenses are included entirely in new properties as they are not allocable to specific properties.

Note: Managed unconsolidated joint ventures excluded from same store in all periods.

Page 13

DIGITAL REALTY TRUST, INC.

Third Quarter 2013

Same Store Operating Trend Summary

(unaudited and in thousands)

	Three Months Ended
Same store (1)	30-Sep-13			30-Jun-13			Percentage Change			30-Sep-12			Percentage Change
Rental	$	244,617		$	241,528			1.3	%	$	226,583			8.0	%
Tenant reimbursements—Utilities		51,075			44,600			14.5	%		47,127			8.4	%
Tenant reimbursements—Other		20,022			17,014			17.7	%		18,326			9.3	%
		315,714			303,142			4.1	%		292,036			8.1	%
Utilities		55,620			47,186			17.9	%		50,080			11.1	%
Rental property operating		25,795			24,318			6.1	%		23,686			8.9	%
Repairs and maintenance		22,351			20,143			11.0	%		20,558			8.7	%
Non-cash straight-line rent expense adjustment		9,988			—			0.0	%		—			0.0	%
Property taxes		21,397			16,045			33.4	%		15,781			35.6	%
Insurance		1,778			1,869			(4.9	%)		1,994			(10.8	%)
		136,929			109,561			25.0	%		112,099			22.2	%
Net Operating Income (2)	$	178,785		$	193,581			(7.6	%)	$	179,937			(0.6	%)
Same store straight-line rent		15,931			17,061			(6.6	%)		18,357			(13.2	%)
Non-cash straight-line rent expense adjustment		(9,988	)		—			0.0	%		—			0.0	%
Above and below market rent		1,816			2,114			(14.1	%)		1,902			(4.5	%)
Cash Net Operating Income (3)	$	171,026		$	174,406			(1.9	%)	$	159,678			7.1	%
Same store occupancy at end of quarter (4)		91.8	%		92.3	%		(0.5	%)		94.2	%		(2.5	%)

(1) Same store properties were acquired on or before December 31, 2011.

(2) For a definition and discussion of Net Operating Income, see page 35.

(3) For a definition and discussion of Cash Net Operating Income, see page 35.

(4) Occupancy excludes space held for development. For some of our properties, we calculate occupancy based on factors in addition to contractually leased square feet, including available power, required support space and common area.

Note: Managed joint ventures excluded from same store in all periods.

Page 14

DIGITAL REALTY TRUST, INC.

Third Quarter 2013

Consolidated Debt Analysis

(unaudited, in thousands)

	Maturity Date	Principal Balance as of September 30, 2013			% of Debt			Interest Rate as of September 30, 2013			Interest Rate as of September 30, 2013 including swaps
Global Revolving Credit Facility:
Global revolving credit facility	November 2, 2018 (1)		498,082			10.4	%		1.66	%
		$	498,082			10.4	%
Unsecured term loan:
Unsecured term loan	April 16, 2018 (1)		950,205			19.9	%		1.68	%		2.02	%
		$	950,205			19.9	%
Unsecured senior notes:
Prudential Shelf Facility:
Series B	November 5, 2013		33,000			0.7	%		9.32	%
Series C	January 6, 2016		25,000			0.5	%		9.68	%
Series D	January 20, 2015		50,000			1.0	%		4.57	%
Series E	January 20, 2017		50,000			1.0	%		5.73	%
Series F	February 3, 2015		17,000			0.4	%		4.50	%
Total Prudential Shelf Facility		$	175,000			3.6	%
Senior Notes:
4.50% notes due 2015	July 15, 2015		375,000			7.8	%		4.50	%
5.875% notes due 2020	February 1, 2020		500,000			10.5	%		5.88	%
5.25% notes due 2021	March 15, 2021		400,000			8.4	%		5.25	%
3.625% notes due 2022	October 1, 2022		300,000			6.3	%		3.63	%
4.25% notes due 2025	January 17, 2025		647,440			13.5	%		4.25	%
Unamortized discounts			(15,381	)		-0.3	%
Total senior notes		$	2,207,059			46.2	%
Total unsecured senior notes		$	2,382,059			49.8	%
Exchangeable senior debentures:
5.50% exchangeable senior debentures due 2029	April 15, 2029		266,400			5.6	%		5.50	%
Total exchangeable senior debentures		$	266,400			5.6	%
Mortgage loans:
Gyroscoopweg 2E-2F	October 18, 2013(2)		8,598			0.2	%		1.68	%		5.49	%
360 Spear Street	November 8, 2013		45,850			1.0	%		6.32	%
Mundells Roundabout	November 30, 2013		69,317			1.5	%		1.71	%		4.18	%
Cressex 1	October 16, 2014		28,066			0.6	%		5.68	%
Manchester Technopark	October 16, 2014		8,538			0.2	%		5.68	%
Secured Term Debt	November 11, 2014		133,744			2.8	%		5.65	%
200 Paul Avenue 1-4	October 8, 2015		71,210			1.5	%		5.74	%
8025 North Interstate 35	March 6, 2016		6,377			0.1	%		4.09	%
600 West Seventh Street	March 15, 2016		49,964			1.0	%		5.80	%
34551 Ardenwood Boulevard 1-4	November 11, 2016		52,349			1.1	%		5.95	%
2334 Lundy Place	November 11, 2016		38,074			0.8	%		5.96	%
1100 Space Park Drive	December 11, 2016		52,315			1.1	%		5.89	%
2045 & 2055 LaFayette Street	February 6, 2017		63,880			1.3	%		5.93	%
150 South First Street	February 6, 2017		50,287			1.0	%		6.30	%
731 East Trade Street	July 1, 2020		4,269			0.1	%		8.22	%
Unamortized net premiums			813			0.0	%
Total mortgage loans		$	683,651			14.3	%
Total Consolidated Debt		$	4,780,397			100.0	%
Weighted average cost of debt (including interest rate swaps)												4.13	%

(1) Assumes all extensions will be exercised.

(2) Mortgage loan paid in full in October 2013.

Global Revolving Credit Facility

(in thousands)

	Maximum Available as of September 30, 2013		Available as of September 30, 2013 (3)		Drawn as of September 30, 2013
Global Revolving Credit Facility	$	2,000,000	$	1,481,624	$	498,082
(3) Net of letters of credit issued

Page 15

DIGITAL REALTY TRUST, INC.

Third Quarter 2013

Debt Maturities

(unaudited, in thousands)

			Interest Rate as of September 30, 2013			2013		2014		2015		2016		2017		Thereafter		Total
Unsecured term loan:
Unsecured term loan	(1	)		1.68	%	$	—	$	—	$	—	$	—	$	—	$	950,205	$	950,205
Global revolving credit facility:
Global revolving credit facility	(1	)		1.66	%		—		—		—		—		—		498,082		498,082
Series Notes:
4.25% notes due 2025				4.25	%		—		—		—		—		—		647,440		647,440
5.875% notes due 2020				5.88	%		—		—		—		—		—		500,000		500,000
5.25% notes due 2021				5.25	%		—		—		—		—		—		400,000		400,000
4.50% notes due 2015				4.50	%		—		—		375,000		—		—		—		375,000
3.625% notes due 2022				3.63	%		—		—		—		—		—		300,000		300,000
Total senior notes:							—		—		375,000		—		—		1,847,440		2,222,440
Exchangeable senior debenture:
5.50% exchangeable senior debentures due 2029	(2	)		5.50	%		—		266,400		—		—		—		—		266,400
Prudential shelf facility senior notes:
Series D				4.57	%		—		—		50,000		—		—		—		50,000
Series E				5.73	%		—		—		—		—		50,000		—		50,000
Series B				9.32	%		33,000		—		—		—		—		—		33,000
Series C				9.68	%		—		—		—		25,000		—		—		25,000
Series F				4.50	%		—		—		17,000		—		—		—		17,000
Total prudential shelf facility senior notes:							33,000		—		67,000		25,000		50,000		—		175,000
Mortgage loans:
Secured Term Debt	(3	)		5.65	%		778		132,966		—		—		—		—		133,744
200 Paul Avenue 1-4				5.74	%		496		2,048		68,666		—		—		—		71,210
Mundells Roundabout				1.71	%		69,317		—		—		—		—		—		69,317
2045 & 2055 LaFayette Street				5.93	%		257		1,060		1,125		1,195		60,243		—		63,880
34551 Ardenwood Boulevard 1-4				5.95	%		198		812		862		50,477		—		—		52,349
1100 Space Park Drive				5.89	%		200		821		871		50,423		—		—		52,315
150 South First Street				6.30	%		190		781		832		878		47,606		—		50,287
600 West Seventh Street				5.80	%		416		1,723		1,825		46,000		—		—		49,964
360 Spear Street				6.32	%		45,850		—		—		—		—		—		45,850
2334 Lundy Place				5.96	%		144		590		626		36,714		—		—		38,074
Cressex 1				5.68	%		124		27,942		—		—		—		—		28,066
Gyroscoopweg 2E-2F	(4	)		1.68	%		8,598		—		—		—		—		—		8,598
Manchester Technopark				5.68	%		38		8,500		—		—		—		—		8,538
8025 North Interstate 35				4.09	%		63		257		268		5,789		—		—		6,377
731 East Trade Street				8.22	%		82		350		418		503		546		2,370		4,269
Total mortgage loans:							126,751		177,850		75,493		191,979		108,395		2,370		682,838
Total Debt:						$	159,751	$	444,250	$	517,493	$	216,979	$	158,395	$	3,298,097	$	4,794,965
Weighted Average Term to Initial Maturity	(2	)							5.0 Years
Weighted Average Term to Initial Maturity (assuming exercise of extension options)	(2	)							5.3 Years

(1) Assumes all extensions will be exercised.

(2) Assumes maturity of 5.50% exchangeable senior debentures due 2029 at first redemption date in April 2014.

(3) This amount represents six mortgage loans secured by our interests in 36 NE 2nd Street, 3300 East Birch Street, 100 & 200 Quannapowitt Parkway, 300 Boulevard East, 4849 Alpha Road, and 11830 Webb Chapel Road. Each of these loans is cross-collateralized by the six properties.

(4) Mortgage loan paid in full in October 2013.

Note: Total excludes $813 of loan premiums, net and ($4,646), ($5,974), ($436), ($713), and ($3,612) of debt discount on 4.25% unsecured senior notes due 2025, 5.875% unsecured senior notes due 2020, 4.50% unsecured senior notes due 2015, 5.25% unsecured senior notes due 2021, and 3.625% unsecured senior notes due 2022, respectively.

Page 16

DIGITAL REALTY TRUST, INC.

Third Quarter 2013

Debt Analysis & Covenant Compliance

(unaudited)

Debt Covenant Ratios (1):	As of September 30, 2013
	4.50% Notes due 2015, 5.875% Notes due 2020 & 5.25% Notes due 2021		3.625% Notes due 2022 & 4.250% Notes due 2025	Global Revolving Credit Facility
	Required	Actual	Actual	Required	Actual
Total Outstanding Debt / Total Assets (2)	Less than 60%	45%	39%	Less than 60%(3)	38%
Secured Debt / Total Assets (4)	Less than 40%	6%	6%	Less than 40%	6%
Total Unencumbered Assets / Unsecured Debt	Greater than 150%	226%	260%		N/A
Consolidated EBITDA / Interest Expense (5)	Greater than 1.50x	3.7 x	3.7 x		N/A
Fixed Charge Coverage		N/A	N/A	Greater than 1.50x	3.7 x
Unsecured Debt / Total Unencumbered Asset Value (6)		N/A	N/A	Less than 60%	43%
Unencumbered Assets Debt Service Coverage Ratio		N/A	N/A	Greater than 1.50x	4.6 x

(1) For a definition of the capitalized terms used in the table above and related footnotes, please refer to: the Indenture dated January 28, 2010, which governs the 5.875% Notes due 2020; the Indenture dated July 8, 2010, which governs the 4.50% Notes due 2015; the Indenture and Supplemental Indenture No. 1 dated March 8, 2011, which governs the 5.25% Notes due 2021; the Indenture and Supplemental Indenture No. 1 dated September 24, 2012, which governs the 3.625% Notes due 2022; the Indenture dated January 18, 2013, which governs the 4.250% Notes due 2025; and the Global Senior Credit Agreement dated as of August 15, 2013, which are or will be filed as exhibits to our reports filed with the Securities and Exchange Commission.

(2) This ratio is referred to as the Leverage Ratio, defined as Consolidated Debt / Total Asset Value, under the Global Revolving Credit Facility. Under the 4.50% Notes due 2015, 5.875% Notes due 2020, and 5.25% Notes due 2021, Total Assets is calculated using Consolidated EBITDA capped at 9.0%. Under the 3.625% Notes due 2022 and 4.250% Notes due 2025, Total Assets is calculated using Consolidated EBITDA capped at 8.25%. Under the Global Revolving Credit Facility, Total Asset Value is calculated using Adjusted Net Operating Income capped at 8.00% for Data Center Assets and 7.50% for Other Assets.

(3) The Company has the right to maintain a Leverage Ratio of greater than 60.0% but less than or equal to 65.0% for up to four consecutive fiscal quarters during the term of the Facility following an acquisition of one or more Assets for a purchase price and other consideration in an amount not less than 5% of Total Asset Value.

(4) This ratio is referred to as the Secured Debt Leverage Ratio, defined as Secured Debt / Total Asset Value, under the Global Revolving Credit Facility.

(5) Calculated as current quarter annualized Consolidated EBITDA to current quarter annualized Interest Expense (including capitalized interest and debt discounts).

(6) Assets must satisfy certain conditions to qualify for inclusion as an Unencumbered Asset under the Global Revolving Credit Facility.

Page 17

DIGITAL REALTY TRUST, INC.

Third Quarter 2013

Portfolio Summary ⁽¹⁾

As of September 30, 2013

	9/30/2013			6/30/2013
Number of Properties:
Domestic		90			98	(2)
International		28			28
Unconsolidated Joint Ventures: Managed		10			1
Unconsolidated Joint Ventures: Non-Managed		2			2
		130			129
Number of Buildings:
Domestic		142			152
International		32			32
Unconsolidated Joint Ventures: Managed		12			1
Unconsolidated Joint Ventures: Non-Managed		2			2
		188			187
Number of Markets:
Domestic		20			20
International		11			10
Unconsolidated Joint Ventures: Managed		1			1
Unconsolidated Joint Ventures: Non-Managed		1			1
		33			32
Net Rentable Square Feet: (3)
Domestic		16,705,106			17,685,861
International		2,816,450			2,814,782
Unconsolidated Joint Ventures: Managed		1,060,473			0
Unconsolidated Joint Ventures: Non-Managed		451,369			447,399
		21,033,398			20,948,042
Space Held for Development Square Feet:
Domestic		2,425,699			2,404,288
International		392,285			393,953
Unconsolidated Joint Ventures: Managed		0			0
Unconsolidated Joint Ventures: Non-Managed		0			0
		2,817,984			2,798,241
Portfolio Occupancy (4)		93.0	%		93.1	%
DLR Share Occupancy (4)(5)		92.7	%		93.1	%
Same Store Pool Occupancy (4)		91.8	%		92.3	%

(1) Includes ten properties held in our managed portfolio of unconsolidated joint ventures consisting of 4650 Old Ironsides Drive, Santa Clara, CA, 2950 Zanker Road, San Jose, CA, 4700 Old Ironsides Drive, Santa Clara, CA, 444 Toyama Drive, Sunnyvale, CA, 43790 Devin Shafron Drive—E, Ashburn, VA, 21551 Beaumeade Circle, Ashburn, VA, 7505 Mason King Court, Manassas, VA, 14901 FAA Boulevard, Fort Worth, TX, 900 Dorothy Drive, Richardson, TX and 33 Chun Choi Street, Hong Kong; and two unconsolidated non-managed joint ventures: 2001 Sixth Avenue, Seattle and 2020 Fifth Avenue, Seattle.

(2) 43790 Devin Shafron Drive—E & 21551 Beaumeade Circle are included in the property count because they were separately contributed to our managed unconsolidated joint venture. Not included in prior quarter.

(3) We estimate the total net rentable square feet available for lease based on a number of factors in addition to contractually leased square feet, including available power, required support space and common area.

(4) Occupancy excludes space held for development and our two unconsolidated joint ventures that we do not manage. For some of our properties, we calculate occupancy based on factors in addition to contractually leased square feet, including available power, required support space and common area.

(5) Represents consolidated portfolio plus our managed portfolio of unconsolidated joint ventures based on our ownership percentage.

Page 18

DIGITAL REALTY TRUST, INC.

Third Quarter 2013

Properties Acquired

For the three months ended September 30, 2013

Property		Metropolitan Area	Date Acquired	Purchase Price (in millions)			Net Rentable Square Feet (1)		Space Held For Development		Percentage of Total Net Rentable Square Feet Occupied (2)
Saito Industrial Park (Land)	(3)	Osaka, Japan	Aug-13	$	9.6	(4)		—		—		0.0	%
Principal Park (Land)	(5)	London, England	Sep-13	$	19.2	(4)		—		—		0.0	%
De President Business Park (Land)	(6)	Amsterdam, Netherlands	Sep-13	$	6.7	(4)		—		—		0.0	%
				$	35.5			—		—		0.0	%

(1) We estimate the total net rentable square feet available for lease based on a number of factors in addition to contractually leased square feet, including available power, required support space and common area.

(2) Occupancy percentages are calculated net of square footage of space held for development.

(3) 3.7 acre land site.

(4) Purchase price in USD is based on the exchange rate on the date of acquisition.

(5) 11.4 acre land site.

(6) 5.4 acre land site.

Page 19

DIGITAL REALTY TRUST, INC.

Third Quarter 2013

Occupancy Analysis

As of September 30, 2013

(Dollar amounts in thousands)

												Occupancy (3)						Net Rentable Square Feet as a % of			Annualized Rent as a % of
Property			Acquisition Date		Property Type	Net Rentable Square Feet (1)		Space Held for Development		Annualized Rent ($000) (2)		As of 9/30/13			As of 6/30/13			Total Portfolio			Total Portfolio
NORTH AMERICA
Northern Virginia
43881 Devin Shafron Drive				Mar-07	Data Center		180,000		—		19,097		100.0	%		100.0	%		0.9	%		1.7	%
43915 Devin Shafron Drive—A				May-09	Data Center		129,033		3,247		16,365		100.0	%		100.0	%		0.6			1.5
43940 Digital Loudoun Plaza—G				Apr-11	Data Center		133,816		—		13,189		100.0	%		100.0	%		0.6			1.2
43830 Devin Shafron Drive—F				May-09	Data Center		101,300		11,950		11,662		93.9	%		67.8	%		0.5			1.1
43791 Devin Shafron Drive—D				Mar-07	Data Center		134,741		259		10,449		100.0	%		76.0	%		0.6			0.9
4050 Lafayette Center Drive				Jul-10	Data Center		42,374		—		6,855		99.0	%		99.0	%		0.2			0.6
4030 Lafayette Center Drive				Jul-10	Data Center		72,696		—		5,887		100.0	%		100.0	%		0.3			0.5
45901 & 45845 Nokes Blvd				Dec-09	Data Center		167,160		—		4,751		100.0	%		100.0	%		0.8			0.4
44470 Chilum Place				Feb-07	Data Center		95,440		—		4,419		100.0	%		100.0	%		0.5			0.4
21110 Ridgetop Circle				Jan-07	Data Center		135,513		—		2,993		100.0	%		100.0	%		0.6			0.3
21561 & 21571 Beaumeade Circle				Dec-09	Data Center		164,453		—		2,931		100.0	%		100.0	%		0.8			0.3
1506 Moran Road				Dec-11	Data Center		78,295		—		2,371		100.0	%		100.0	%		0.4			0.2
1807 Michael Faraday Court				Oct-06	Data Center		19,237		—		1,892		100.0	%		100.0	%		0.1			0.2
251 Exchange Place				Nov-05	Data Center		70,982		—		1,689		100.0	%		100.0	%		0.3			0.2
43831 Devin Shafron Drive—C				Mar-07	Data Center		117,071		—		1,573		100.0	%		100.0	%		0.6			0.2
8100 Boone Boulevard				Oct-06	Data Center		17,015		—		529		14.9	%		14.9	%		0.1			0.0
4040 Lafayette Center Drive				Jul-10	Data Center		—		30,333		—		N/A			N/A			0.0			0.0
							1,659,126		45,789		106,652		98.7	%		95.1	%		7.9	%		9.7	%
Dallas
2323 Bryan Street				Jan-02	Internet Gateway		453,539		23,568		15,582		77.7	%		77.4	%		2.2	%		1.5	%
2501 S. State Hwy. 121				Feb-12	Data Center		829,372		—		13,325		98.5	%		98.5	%		3.9			1.2
2440 Marsh Lane				Jan-03	Data Center		135,250		—		12,616		94.7	%		94.7	%		0.6			1.1
1232 Alma Rd RS 100				Sep-09	Data Center		105,726		—		12,518		92.8	%		89.0	%		0.5			1.1
4849 Alpha Road				Apr-04	Data Center		125,538		—		11,276		99.8	%		100.0	%		0.6			1.0
4025 Midway Road				Jan-06	Data Center		100,590		—		10,204		98.4	%		98.4	%		0.5			1.0
400 S. Akard				Jun-12	Internet Gateway		269,563		—		7,921		94.7	%		94.7	%		1.3			0.7
11830 Webb Chapel Road				Aug-04	Data Center		365,647		—		7,877		98.0	%		98.0	%		1.7			0.7
900 Quality Way				Sep-09	Data Center		42,318		72,604		6,466		96.2	%		96.2	%		0.2			0.6
1215 Integrity Drive	(4	)		Sep-09	Data Center		61,750		—		1,310		94.6	%		94.6	%		0.3			0.1
904 Quality Way				Sep-09	Data Center		46,750		—		978		100.0	%		100.0	%		0.2			0.1
17201 Waterview Parkway				Jan-13	Data Center		61,750		—		704		100.0	%		100.0	%		0.3			0.1
850 East Collins				Sep-08	Data Center		46,723		—		319		6.1	%		0.0	%		0.2			0.0
905 Security Row				Sep-09	Data Center		—		249,657		—		0.0	%		0.0	%		0.0			0.0
1210 Integrity Drive				Sep-09	Data Center		—		246,940		—		0.0	%		0.0	%		0.0			0.0
1301 International Parkway				Sep-09	Data Center		—		20,500		—		0.0	%		0.0	%		0.0			0.0
							2,644,516		613,269		101,096		92.4	%		92.1	%		12.5	%		9.2	%
New York
365 S Randolphville Road				Feb-08	Data Center		209,815		54,977		22,504		98.8	%		98.7	%		1.0	%		2.0	%
111 Eighth Avenue	(5	)		Oct-06	Internet Gateway		116,843		—		21,175		100.0	%		100.0	%		0.6			1.9
3 Corporate Place				Dec-05	Data Center		276,931		—		19,318		100.0	%		100.0	%		1.3			1.7
300 Boulevard East				Nov-02	Data Center		346,819		22,962		16,057		92.7	%		92.7	%		1.6			1.4
60 & 80 Merritt Boulevard				Jan-10	Data Center		192,933		—		15,288		100.0	%		100.0	%		0.9			1.4
410 Commerce Boulevard	(6	)		Aug-12	Data Center		27,943		—		4,847		100.0	%		0.0	%		0.1			0.4
650 Randolph Road				Jun-08	Data Center		—		127,790		—		0.0	%		0.0	%		0.0			0.0
701 Union Boulevard				Nov-12	Data Center		—		271,000		—		N/A			N/A			0.0			0.0
							1,171,284		476,729		99,189		97.6	%		97.5	%		5.5	%		8.8	%
Silicon Valley
3011 Lafayette Street				Jan-07	Data Center		90,780		—		10,553		100.0	%		100.0	%		0.4	%		1.0	%
1350 Duane & 3080 Raymond				Oct-09	Data Center		185,000		—		10,552		100.0	%		100.0	%		0.9			1.0
1500 Space Park Drive				Sep-07	Data Center		51,615		—		9,605		100.0	%		100.0	%		0.2			0.9
1525 Comstock Street				Sep-07	Data Center		42,385		—		8,786		100.0	%		100.0	%		0.2			0.8
3105 and 3205 Alfred Street				May-10	Data Center		49,858		—		8,621		87.9	%		87.9	%		0.2			0.8
1100 Space Park Drive				Nov-04	Internet Gateway		165,297		—		7,744		92.7	%		92.7	%		0.8			0.7
2045 & 2055 LaFayette Street				May-04	Data Center		300,000		—		7,200		100.0	%		100.0	%		1.4			0.6

Page 20

DIGITAL REALTY TRUST, INC.

Third Quarter 2013

Occupancy Analysis

As of September 30, 2013

(Dollar amounts in thousands)

												Occupancy (3)						Net Rentable Square Feet as a % of			Annualized Rent as a % of
Property			Acquisition Date		Property Type	Net Rentable Square Feet (1)		Space Held for Development		Annualized Rent ($000) (2)		As of 9/30/13			As of 6/30/13			Total Portfolio			Total Portfolio
1725 Comstock Street				Apr-10	Data Center		39,643		—		6,870		100.0	%		100.0	%		0.2			0.6
150 South First Street				Sep-04	Data Center		179,761		—		6,551		94.6	%		93.7	%		0.9			0.6
1201 Comstock Street				Jun-08	Data Center		24,000		—		4,736		100.0	%		100.0	%		0.1			0.4
2334 Lundy Place				Dec-02	Data Center		130,752		—		4,525		100.0	%		100.0	%		0.6			0.4
2401 Walsh Street				Jun-05	Data Center		167,932		—		3,834		100.0	%		100.0	%		0.8			0.3
2403 Walsh Street				Jun-05	Data Center		103,940		—		2,373		100.0	%		100.0	%		0.5			0.2
2805 Lafayette Street	(7	)		Aug-10	Data Center		38,693		111,647		334		34.4	%		1.2	%		0.2			0.0
							1,569,656		111,647		92,284		96.6	%		95.7	%		7.4	%		8.3	%
Chicago
350 E Cermak Road				May-05	Internet Gateway		1,120,226		13,513		69,246		98.7	%		99.3	%		5.3	%		6.1	%
600-780 S. Federal				Sep-05	Internet Gateway		131,930		29,617		7,185		84.9	%		92.7	%		0.6			0.6
9333, 9355, 9377 Grand Avenue				May-12	Data Center		108,838		466,106		2,788		66.8	%		84.8	%		0.5			0.3
							1,360,994		509,236		79,219		94.9	%		96.6	%		6.4	%		7.0	%
San Francisco
200 Paul Avenue 1-4				Nov-04	Internet Gateway		479,082		33,560		28,112		95.0	%		99.3	%		2.3	%		2.5	%
365 Main Street				Jul-10	Internet Gateway		226,981		—		26,921		77.7	%		79.3	%		1.1			2.4
720 2nd Street				Jul-10	Data Center		121,220		—		15,667		90.6	%		87.2	%		0.6			1.4
360 Spear Street				Dec-11	Data Center		154,950		—		8,269		100.0	%		100.0	%		0.7			0.7
							982,233		33,560		78,969		91.2	%		93.4	%		4.7	%		7.0	%
Phoenix
2121 South Price Road				Jul-10	Data Center		380,235		139,244		39,432		79.9	%		81.6	%		1.8	%		3.6	%
120 E Van Buren				Jul-06	Internet Gateway		273,569		13,945		20,922		92.1	%		92.3	%		1.3			1.9
2055 East Technology Circle				Oct-06	Data Center		76,350		—		8,478		100.0	%		100.0	%		0.4			0.8
1900 S. Price Road				Jan-13	Data Center		118,348		108,926		1,450		100.0	%		100.0	%		0.6			0.1
							848,502		262,115		70,282		88.5	%		89.4	%		4.1	%		6.4	%
Boston
128 First Avenue				Jan-10	Data Center		274,750		—		23,058		97.5	%		97.5	%		1.3	%		2.1	%
Digital 55 Middlesex LLC				Jan-10	Data Center		106,000		—		12,074		95.3	%		95.3	%		0.5			1.1
100 Quannapowitt Parkway				Jun-04	Data Center		302,512		84,444		7,288		86.5	%		86.5	%		1.4			0.7
115 Second Avenue				Oct-05	Data Center		66,730		—		3,869		100.0	%		100.0	%		0.3			0.3
105 Cabot Street				Jan-10	Data Center		34,526		—		1,558		39.4	%		19.4	%		0.2			0.1
600 Winter Street				Sep-06	Data Center		30,400		—		760		100.0	%		100.0	%		0.2			0.1
							814,918		84,444		48,607		91.0	%		90.1	%		3.9	%		4.4	%
Los Angeles
600 West Seventh Street				May-04	Internet Gateway		489,722		—		23,496		97.8	%		97.8	%		2.3	%		2.1	%
2260 East El Segundo Boulevard				Jul-10	Data Center		132,240		—		11,762		90.2	%		90.1	%		0.6			1.1
200 North Nash Street				Jun-05	Data Center		113,606		—		2,594		100.0	%		100.0	%		0.5			0.2
3015 Winona Avenue				Dec-04	Data Center		82,911		—		1,706		100.0	%		100.0	%		0.4			0.2
3300 East Birch Street				Aug-03	Data Center		68,807		—		1,593		100.0	%		100.0	%		0.3			0.1
							887,286		—		41,151		97.3	%		97.3	%		4.1	%		3.7	%
Atlanta
375 Riverside Parkway				Jun-03	Data Center		250,191		—		8,609		100.0	%		100.0	%		1.2	%		0.8	%
760 Doug Davis Drive				Dec-11	Data Center		334,306		—		6,473		100.0	%		100.0	%		1.6			0.6
101 Aquila Way				Apr-06	Data Center		313,581		—		1,437		100.0	%		100.0	%		1.5			0.1
							898,078		—		16,519		100.0	%		100.0	%		4.3	%		1.5	%
Philadelphia
833 Chestnut Street				Mar-05	Data Center		594,747		60,011		13,375		91.7	%		91.6	%		2.8	%		1.2	%
							594,747		60,011		13,375		91.7	%		91.6	%		2.8	%		1.2	%
Houston
Digital Houston				Apr-06	Data Center		408,735		18,222		12,283		84.5	%		89.4	%		1.9	%		1.1	%
							408,735		18,222		12,283		84.5	%		89.4	%		1.9	%		1.1	%

Page 21

DIGITAL REALTY TRUST, INC.

Third Quarter 2013

Occupancy Analysis

As of September 30, 2013

(Dollar amounts in thousands)

										Occupancy (3)						Net Rentable Square Feet as a % of			Annualized Rent as a % of
Property		Acquisition Date	Property Type	Net Rentable Square Feet (1)		Space Held for Development		Annualized Rent ($000) (2)		As of 9/30/13			As of 6/30/13			Total Portfolio			Total Portfolio
Denver
11900 East Cornell Avenue		Sep-12	Data Center		285,840		—		6,421		94.3	%		94.3	%		1.4	%		0.6	%
8534 Concord Center Drive		Jun-05	Data Center		85,660		—		3,784		100.0	%		100.0	%		0.4			0.3
					371,500		—		10,205		95.6	%		95.6	%		1.8	%		0.9	%
St. Louis
210 N Tucker Boulevard		Aug-07	Data Center		201,588		135,828		4,650		75.2	%		81.4	%		1.0	%		0.4	%
900 Walnut Street		Aug-07	Internet Gateway		105,776		6,490		4,491		95.8	%		95.8	%		0.5			0.4
					307,364		142,318		9,141		82.3	%		86.6	%		1.5	%		0.8	%
Portland
3825 NW Aloclek Place		Aug-11	Data Center		48,574		—		7,993		100.0	%		100.0	%		0.2	%		0.7	%
					48,574		—		7,993		100.0	%		100.0	%		0.2	%		0.7	%
Minneapolis/St. Paul
1500 Towerview Road		Mar-13	Data Center		328,765		—		4,438		100.0	%		100.0	%		1.6	%		0.5	%
1125 Energy Park Drive		Mar-05	Data Center		112,827		—		1,437		100.0	%		100.0	%		0.5			0.2
					441,592		—		5,875		100.0	%		100.0	%		2.1	%		0.7	%
Miami
36 NE 2nd Street		Jan-02	Internet Gateway		162,140		—		5,149		99.1	%		99.1	%		0.8	%		0.5	%
2300 NW 89th Place		Sep-06	Data Center		64,174		—		694		100.0	%		100.0	%		0.3			0.1
					226,314		—		5,843		99.3	%		99.3	%		1.1	%		0.6	%
Sacramento
11085 Sun Center Drive		Sep-11	Data Center		69,048		—		2,878		100.0	%		100.0	%		0.3	%		0.3	%
3065 Gold Camp Drive		Oct-04	Data Center		40,394		23,397		1,914		100.0	%		100.0	%		0.2			0.2
					109,442		23,397		4,792		100.0	%		100.0	%		0.5	%		0.5	%
Charlotte
125 North Myers		Aug-05	Internet Gateway		25,402		—		1,400		100.0	%		100.0	%		0.1	%		0.1	%
731 East Trade Street		Aug-05	Internet Gateway		40,879		—		1,351		100.0	%		100.0	%		0.2			0.1
113 North Myers		Aug-05	Internet Gateway		29,218		—		948		100.0	%		100.0	%		0.1			0.1
					95,499		—		3,699		100.0	%		100.0	%		0.4	%		0.3	%
Austin
7401 E. Ben White Boulevard Building 7		May-13	Data Center		203,235		—		1,848		100.0	%		100.0	%		1.0	%		0.2	%
8025 North Interstate 35		May-12	Data Center		62,237		—		934		100.0	%		100.0	%		0.3			0.1
7620 Metro Center Drive		Dec-05	Data Center		45,000		—		335		69.6	%		69.6	%		0.2			0.0
7500 Metro Center Drive		Dec-05	Data Center		30,000		44,962		—		0.0	%		0.0	%		0.1			0.0
					340,472		44,962		3,117		87.2	%		95.6	%		1.6	%		0.3	%
Toronto, Canada
6800 Millcreek Drive		Apr-06	Data Center		83,758		—		2,084		100.0	%		100.0	%		0.4	%		0.2	%
371 Gough Road		Mar-13	Data Center		64,546		55,495		348		100.0	%		100.0	%		0.3			0.0
					148,304		55,495		2,432		100.0	%		100.0	%		0.7	%		0.2	%
EUROPE
London, England
Unit 21 Goldsworth Park Trading Estate		Jul-12	Data Center		369,717		110,283		55,377		96.6	%		99.2	%		1.8	%		5.0	%
Watford	(8)	Jul-12	Data Center		133,000		—		19,426		97.3	%		97.3	%		0.6			1.7
Croydon	(9)	Jul-12	Data Center		120,000		—		16,436		100.0	%		100.0	%		0.6			1.5
3 St. Anne’s Boulevard		Dec-07	Data Center		96,147		—		13,762		84.2	%		72.0	%		0.5			1.2
Mundells Roundabout		Apr-07	Data Center		113,464		—		8,253		100.0	%		100.0	%		0.5			0.7
Cressex 1		Dec-07	Data Center		50,847		—		7,629		100.0	%		100.0	%		0.2			0.7
6 Braham Street		Jul-02	Internet Gateway		63,233		—		5,041		100.0	%		100.0	%		0.3			0.5
2 St. Anne’s Boulevard		Dec-07	Data Center		30,612		—		3,547		100.0	%		100.0	%		0.1			0.3
Fountain Court		Jul-11	Data Center		41,957		89,814		965		27.2	%		27.2	%		0.2			0.1

Page 22

DIGITAL REALTY TRUST, INC.

Third Quarter 2013

Occupancy Analysis

As of September 30, 2013

(Dollar amounts in thousands)

									Occupancy (3)						Net Rentable Square Feet as a % of			Annualized Rent as a % of
Property	Acquisition Date	Property Type	Net Rentable Square Feet (1)		Space Held for Development		Annualized Rent ($000) (2)		As of 9/30/13			As of 6/30/13			Total Portfolio			Total Portfolio
1 St. Anne’s Boulevard	Dec-07	Data Center		20,219		—		293		100.0	%		100.0	%		0.1			0.0
				1,039,196		200,097		130,729		94.0	%		93.8	%		4.9	%		11.7	%
Paris, France
114 Rue Ambroise Croizat	Dec-06	Internet Gateway		324,796		27,350		21,407		96.9	%		93.5	%		1.5	%		1.9	%
1 Rue Jean-Pierre	Dec-12	Data Center		104,666		—		4,734		100.0	%		100.0	%		0.5			0.4
127 Rue de Paris	Dec-12	Data Center		59,991		—		2,029		100.0	%		100.0	%		0.3			0.2
Liet-dit ie Christ de Saclay	Dec-12	Data Center		21,337		—		676		100.0	%		100.0	%		0.1			0.1
				510,790		27,350		28,846		98.0	%		95.8	%		2.4	%		2.6	%
Dublin, Ireland
Unit 9 Blanchardstown Corporate Center	Dec-06	Data Center		120,000		—		10,678		97.1	%		97.1	%		0.6	%		1.0	%
Clonshaugh Industrial Estate (Eircom)	Aug-05	Data Center		124,500		—		9,088		100.0	%		100.0	%		0.6			0.8
Clonshaugh Industrial Estate IE	Feb-06	Data Center		20,000		—		1,597		100.0	%		100.0	%		0.1			0.1
				264,500		—		21,363		98.7	%		98.7	%		1.3	%		1.9	%
Amsterdam, Netherlands
Paul van Vlissingenstraat 16	Aug-05	Data Center		112,472		—		7,586		100.0	%		100.0	%		0.5	%		0.7	%
Cateringweg 5	Jun-10	Data Center		55,972		—		5,662		100.0	%		100.0	%		0.3			0.5
Naritaweg 52	Dec-07	Data Center		63,260		—		2,719		100.0	%		100.0	%		0.3			0.2
Gyroscoopweg 2E-2F	Jul-06	Data Center		55,585		—		1,282		100.0	%		100.0	%		0.3			0.1
Liverpoolweg 10—The Netherlands	Jun-13	Data Center		16,813		—		840		100.0	%		100.0	%		0.1			0.1
				304,102		—		18,089		100.0	%		100.0	%		1.5	%		1.6	%
Manchester, England
Manchester Technopark	Jun-08	Data Center		38,016		—		1,943		100.0	%		100.0	%		0.2	%		0.2	%
				38,016		—		1,943		100.0	%		100.0	%		0.2	%		0.2	%
Geneva, Switzerland
Chemin de l Epinglier 2	Nov-05	Data Center		59,190		—		1,765		100.0	%		100.0	%		0.3	%		0.2	%
				59,190		—		1,765		100.0	%		100.0	%		0.3	%		0.2	%
ASIA PACIFIC
Singapore
29A International Business Park	Nov-10	Data Center		306,172		64,328		11,880		82.7	%		84.7	%		1.5	%		1.1	%
				306,172		64,328		11,880		82.7	%		84.7	%		1.5	%		1.1	%
Melbourne
98 Radnor Drive	Jun-11	Data Center		52,988		—		7,133		100.0	%		100.0	%		0.3	%		0.6	%
				52,988		—		7,133		100.0	%		100.0	%		0.3	%		0.6	%
Sydney
1-23 Templar Road	Feb-11	Data Center		41,202		45,015		3,668		43.0	%		43.0	%		0.2	%		0.2	%
23 Waterloo Road	Nov-12	Data Center		51,990		—		1,289		100.0	%		100.0	%		0.2			0.1
				93,192		45,015		4,957		74.8	%		74.8	%		0.4	%		0.3	%
NON-DATACENTER PROPERTIES
34551 Ardenwood Boulevard	Jan-03	Technology Manufacturing		307,657		—		4,087		41.6	%		41.6	%		1.5	%		0.4	%
2010 East Centennial Circle	May-03	Technology Manufacturing		113,405		—		3,194		100.0	%		100.0	%		0.5			0.3
1 Savvis Parkway	Aug-07	Technology Office		156,000		—		3,042		100.0	%		100.0	%		0.7			0.3
8201 E. Riverside Drive Building 4	May-13	Technology Manufacturing		133,460		—		956		74.4	%		74.4	%		0.6			0.1
908 Quality Way	Sep-09	Technology Office		14,400		—		—		86.1	%		100.0	%		0.1			0.0
47700 Kato Road & 1055 Page Avenue	Sep-03	Technology Manufacturing		199,352		—		—		0.0	%		0.0	%		0.9			0.0
				924,274		—		11,279		55.1	%		55.3	%		4.3	%		1.1	%
Consolidated Portfolio Total/Weighted Average				19,521,556		2,817,984		1,050,707		92.6	%		92.7	%

Page 23

DIGITAL REALTY TRUST, INC.

Third Quarter 2013

Occupancy Analysis

As of September 30, 2013

(Dollar amounts in thousands)

												Occupancy (3)						Net Rentable Square Feet as a % of			Annualized Rent as a % of
Property		Acquisition Date		Property Type		Net Rentable Square Feet (1)		Space Held for Development		Annualized Rent ($000) (2)		As of 9/30/13			As of 6/30/13			Total Portfolio			Total Portfolio
UNCONSOLIDATED JOINT VENTURES: MANAGED
Silicon Valley
4650 Old Ironsides Drive			Jun-05		Data Center		124,383		—		4,062		100.0	%		100.0	%		0.6	%		0.4	%
2950 Zanker Road			Aug-10		Data Center		69,700		—		3,059		100.0	%		100.0	%		0.3			0.3
4700 Old Ironsides Drive			Jun-05		Data Center		90,139		—		2,058		100.0	%		100.0	%		0.4			0.2
444 Toyama Drive			Sep-09		Data Center		42,083		—		1,942		100.0	%		100.0	%		0.2			0.2
							326,305		—		11,121		100.0	%		100.0	%		1.5	%		1.1	%
Northern Virginia
43790 Devin Shafron Drive—E			May-09		Data Center		152,138		—		3,228		100.0	%		100.0	%		0.7	%		0.3	%
21551 Beaumeade Circle			Dec-09		Data Center		152,504		—		2,088		100.0	%		100.0	%		0.7			0.2
7505 Mason King Court			Nov-08		Data Center		109,650		—		1,865		100.0	%		100.0	%		0.5			0.2
							414,292		—		7,181		100.0	%		100.0	%		1.9	%		0.7	%
Dallas
14901 FAA Boulevard			Jun-06		Data Center		263,700		—		5,188		100.0	%		100.0	%		1.3	%		0.5	%
900 Dorothy Drive			Aug-10		Data Center		56,176		—		1,612		100.0	%		100.0	%		0.3			0.1
							319,876		—		6,800		100.0	%		100.0	%		1.6	%		0.6	%
Hong Kong
33 Chun Choi Street			Oct-12		Data Center		—		—		—		N/A			N/A
							—		—		—		N/A			N/A
Unconsolidated Managed Portfolio Total/Weighted Average							1,060,473		—		25,102		100.0	%		100.0	%
Managed Portfolio Total/Weighted Average							20,582,029		2,817,984		1,075,809		93.0	%		93.1	%
Digital Realty Share Total/Weighted Average	(10)						19,733,651		2,817,984		1,055,728		92.7	%		93.1	%
UNCONSOLIDATED JOINT VENTURES: NON-MANAGED
Seattle
2001 Sixth Avenue			Nov-06		Data Center		400,369		—		31,367		95.0	%		91.3	%
2020 Fifth Avenue			Oct-11		Data Center		51,000		—		3,120		100.0	%		100.0	%
							451,369		—		34,487		95.6	%		92.3	%
Unconsolidated Non-Managed Portfolio Total/Weighted Average							451,369		—		34,487
Portfolio Total/Weighted Average							21,033,398		2,817,984		1,110,296		93.0	%		93.1	%

(1) We estimate the total net rentable square feet available for lease based on a number of factors in addition to contractually leased square feet, including available power, required support space and common area.

(2) Annualized base rent represents the monthly contractual base rent (defined as cash base rent before abatements) under existing leases as of September 30, 2013 multiplied by 12.

(3) Occupancy excludes space held for development. For some of our properties, we calculate occupancy based on factors in addition to contractually leased square feet, including available power, required support space and common area.

(4) Building formerly referred to as 1215 Datacenter Park.

(5) Includes approximately 33,700 rentable square feet from a leasehold interest acquisition.

(6) Includes approximately 27,943 rentable square feet from a leasehold interest acquisition.

(7) Building formerly referred to as 800 Central Expressway.

(8) Building formerly referred to as The Chess Building.

(9) Building formerly referred to as Unit B Prologis Park.

(10) Represents consolidated portfolio plus our managed portfolio of unconsolidated joint ventures based on our ownership percentage.

Page 24

DIGITAL REALTY TRUST, INC.

Third Quarter 2013

Top 20 Tenants by Annualized Rent

As of September 30, 2013

(Dollar amounts in thousands)

Tenant		Number of Locations		Total Occupied Square Feet (1)(5)		Percentage of Net Rentable Square Feet			Annualized Rent (2)(5)		Percentage of Annualized Rent			Weighted Average Remaining Lease Term in Months
1 CenturyLink, Inc.	(3)		37		2,412,287		11.8	%	$	83,954		8.1	%		78
2 IBM	(4)		11		449,931		2.2	%	$	51,035		4.9	%		100
3 TelX Group, Inc.			12		331,002		1.6	%	$	45,573		4.4	%		172
4 Equinix Operating Company, Inc.			10		731,682		3.6	%	$	33,799		3.2	%		148
5 Morgan Stanley			5		182,242		0.9	%	$	28,224		2.7	%		35
6 Facebook, Inc.			3		206,283		1.0	%	$	27,626		2.6	%		67
7 AT & T			17		615,501		3.0	%	$	25,644		2.5	%		64
8 Deutsche Bank AG			3		113,461		0.6	%	$	22,383		2.1	%		58
9 Verizon Communications, Inc.			31		320,703		1.6	%	$	20,197		1.9	%		58
10 NTT Communications Company			6		321,061		1.6	%	$	19,470		1.9	%		70
11 SunGard Availability Services LP			7		343,370		1.7	%	$	19,110		1.8	%		75
12 JPMorgan Chase & Co.			6		195,890		1.0	%	$	16,707		1.6	%		83
13 Level 3 Communications, LLC			40		375,887		1.8	%	$	15,729		1.5	%		86
14 Nomura International PLC			2		63,137		0.3	%	$	12,645		1.2	%		76
15 TATA Communications (UK)			3		116,773		0.6	%	$	12,015		1.2	%		51
16 Pfizer, Inc.			1		97,069		0.5	%	$	11,214		1.1	%		51
17 Amazon			8		281,118		1.4	%	$	11,013		1.1	%		56
18 Yahoo! Inc.			2		110,847		0.5	%	$	10,988		1.1	%		49
19 BT Americas, Inc.			3		67,685		0.3	%	$	10,028		1.0	%		45
20 Sprint Communications Co., LP			6		173,319		0.8	%	$	9,995		1.0	%		12
Total/Weighted Average					7,509,248		36.8	%	$	487,349		46.9	%		83

(1) Occupied square footage is defined as leases that commenced on or before September 30, 2013. For some of our properties, we calculate occupancy based on factors in addition to contractually leased square feet, including available power, required support space and common area.

(2) Annualized base rent represents the monthly contractual base rent (defined as cash base rent before abatements) under existing leases as of September 30, 2013 multiplied by 12.

(3) Represents leases with Savvis Communications Corporation and Qwest Communications International Inc. (or affiliates thereof), which are our direct tenants. CenturyLink, Inc. acquired Qwest in Q2 2011 and Savvis in Q3 2011, and Qwest and Savvis are now wholly owned subsidiaries of CenturyLink.

(4) Represents leases with IBM and leases with Softlayer. IBM acquired Softlayer in July 2013.

(5) Represents consolidated portfolio plus our managed portfolio of unconsolidated joint ventures based on our ownership percentage.

Page 25

DIGITAL REALTY TRUST, INC.

Third Quarter 2013

Lease Expirations and Lease Distribution

Lease Expirations

As of September 30, 2013

(Dollar amounts in thousands, except per square foot amounts)

Year	Number of Leases Expiring (1)(5)		Square Footage of Expiring Leases (2)(5)		Percentage of Net Rentable Square Feet			Annualized Rent (3)(5)		Percentage of Annualized Rent			Annualized Rent Per Occupied Square Foot		Annualized Rent Per Occupied Square Foot at Expiration		Annualized Rent at Expiration
Available				1,450,197		7.3	%				0.0	%
Month to Month (4)		101		51,537		0.3	%	$	4,787		0.4	%	$	92.89	$	103.08	$	5,312
2013		87		304,305		1.6	%		14,687		1.4	%		48.26		48.29		14,696
2014		328		1,359,010		6.9	%		98,811		9.4	%		72.71		74.19		100,822
2015		252		1,798,622		9.1	%		84,660		8.0	%		47.07		48.74		87,661
2016		271		1,994,235		10.1	%		101,465		9.6	%		50.88		53.97		107,625
2017		173		1,442,093		7.3	%		73,565		7.0	%		51.01		55.12		79,494
2018		177		1,279,081		6.5	%		84,180		8.0	%		65.81		75.67		96,788
2019		116		1,655,798		8.4	%		128,464		12.2	%		77.58		87.07		144,173
2020		116		1,146,146		5.8	%		80,851		7.6	%		70.54		87.63		100,442
2021		78		1,407,226		7.1	%		74,356		7.0	%		52.84		65.65		92,382
2022		87		1,210,389		6.1	%		62,898		6.0	%		51.97		62.62		75,795
Thereafter		317		4,635,011		23.5	%		247,003		23.4	%		53.29		74.05		343,238
Portfolio Total / Weighted Average		2,103		19,733,650		100.0	%	$	1,055,728		100.0	%	$	57.74	$	68.28	$	1,248,428

Lease Distribution

As of September 30, 2013

(Dollar amounts in thousands)

Square Feet Under Lease	Number of Leases (1)(5)		Percentage of All Leases			Total Net Rentable Square Feet (2)(5)		Percentage of Net Rentable Square Feet (2)			Annualized Rent (3)(5)		Percentage of Annualized Rent
Available							1,450,197		7.3	%				0.0	%
2,500 or less		1,319		62.7	%		631,858		3.2	%	$	60,563		5.7	%
2,501 - 10,000		352		16.7	%		2,098,738		10.6	%		185,381		17.6	%
10,001 - 20,000		208		9.9	%		3,108,921		15.8	%		272,618		25.8	%
20,001 - 40,000		116		5.5	%		3,411,751		17.3	%		235,656		22.3	%
40,001 - 100,000		75		3.6	%		4,665,259		23.6	%		188,375		17.9	%
Greater than 100,000		33		1.6	%		4,366,926		22.2	%		113,135		10.7	%
Portfolio Total		2,103		100.0	%		19,733,650		100.0	%	$	1,055,728		100.0	%

(1) Number of leases represents the leased-unit count; a lease could include multiple units.

(2) For some of our properties, we calculate square footage based on factors in addition to contractually leased square feet, including available power, required support space and common area. We estimate the total net rentable square feet available for lease based on a number of factors in addition to contractually leased square feet, including available power, required support space and common area.

(3) Annualized rent represents the monthly contractual base rent (defined as cash base rent before abatements) under existing leases as of September 30, 2013 multiplied by 12.

(4) Includes leases, licenses and similar agreements that upon expiration have been automatically renewed on a month-to-month basis.

(5) Represents consolidated portfolio plus our managed portfolio of unconsolidated joint ventures based on our ownership percentage.

Page 26

DIGITAL REALTY TRUST, INC.

Third Quarter 2013

Lease Expirations—By Product Type

As of September 30, 2013

(Dollar amounts in thousands, except per square foot amounts)

TURN-KEY FLEX

Year	Number of Leases Expiring (1)(5)		Square Footage of Expiring Leases (2)(5)		Percentage of Net Rentable Square Feet			Annualized Rent (3)(5)		Percentage of Annualized Rent			Annualized Rent Per Occupied Square Foot		Annualized Rent Per Occupied Square Foot at Expiration		Annualized Rent at Expiration
Available				421,251		2.1	%				0.0	%
Month to Month (4)		42		5,894		0.0	%	$	1,819		0.2	%	$	308.62	$	308.62	$	1,819
2013		26		41,929		0.2	%		5,155		0.5	%		122.95		122.95		5,155
2014		126		340,207		1.7	%		55,310		5.2	%		162.58		166.34		56,590
2015		83		218,248		1.1	%		24,768		2.3	%		113.49		115.77		25,266
2016		123		385,062		1.9	%		58,763		5.6	%		152.61		160.44		61,781
2017		77		405,143		2.0	%		47,628		4.5	%		117.56		128.60		52,101
2018		86		462,795		2.3	%		57,503		5.4	%		124.25		144.95		67,084
2019		44		534,822		2.7	%		89,393		8.5	%		167.15		186.43		99,708
2020		53		465,434		2.4	%		58,916		5.6	%		126.58		161.33		75,087
2021		41		328,740		1.7	%		53,495		5.1	%		162.73		205.25		67,473
2022		43		287,824		1.5	%		38,795		3.7	%		134.79		162.65		46,814
Thereafter		119		1,179,920		6.0	%		128,676		12.1	%		109.05		152.39		179,807
Portfolio Total / Weighted Average		863		5,077,269		25.6	%	$	620,221		58.7	%	$	133.21	$	158.65	$	738,685

POWERED BASE BUILDING

Year	Number of Leases Expiring (1)(5)		Square Footage of Expiring Leases (2)(5)		Percentage of Net Rentable Square Feet			Annualized Rent (3)(5)		Percentage of Annualized Rent			Annualized Rent Per Occupied Square Foot		Annualized Rent Per Occupied Square Foot at Expiration		Annualized Rent at Expiration
Available				161,082		0.8	%				0.0	%
Month to Month (4)		10		6,379		0.0	%	$	258		0.0	%	$	40.45	$	40.45	$	258
2013		12		204,901		1.0	%		5,202		0.5	%		25.39		25.39		5,202
2014		32		668,136		3.4	%		25,454		2.4	%		38.10		38.69		25,851
2015		49		1,214,901		6.2	%		43,429		4.1	%		35.75		37.17		45,159
2016		39		1,370,964		6.8	%		32,264		3.1	%		23.53		24.80		34,001
2017		18		244,914		1.2	%		7,172		0.7	%		29.28		31.79		7,786
2018		17		547,740		2.8	%		18,101		1.7	%		33.05		35.93		19,683
2019		20		957,984		4.8	%		34,676		3.3	%		36.20		41.22		39,485
2020		17		408,583		2.1	%		14,486		1.4	%		35.45		43.17		17,637
2021		9		646,621		3.3	%		15,226		1.4	%		23.55		28.47		18,407
2022		13		642,074		3.2	%		19,014		1.8	%		29.61		35.83		23,004
Thereafter		98		2,736,352		13.9	%		105,927		10.0	%		38.71		54.06		147,936
Portfolio Total / Weighted Average		334		9,810,631		49.5	%	$	321,209		30.4	%	$	33.29	$	39.84	$	384,409

COLOCATION

Year	Number of Leases Expiring (1)(5)		Square Footage of Expiring Leases (2)(5)		Percentage of Net Rentable Square Feet			Annualized Rent (3)(5)		Percentage of Annualized Rent			Annualized Rent Per Occupied Square Foot		Annualized Rent Per Occupied Square Foot at Expiration		Annualized Rent at Expiration
Available				150,232		0.8	%				0.0	%
Month to Month (4)		19		10,139		0.1	%	$	1,910		0.2	%	$	188.38	$	240.16	$	2,435
2013		27		15,642		0.1	%		3,541		0.3	%		226.38		226.83		3,548
2014		96		59,101		0.3	%		12,585		1.2	%		212.94		217.92		12,879
2015		50		51,047		0.3	%		10,565		1.0	%		206.97		219.74		11,217
2016		44		33,243		0.2	%		6,217		0.6	%		187.02		221.88		7,376
2017		13		12,222		0.1	%		1,963		0.2	%		160.61		175.01		2,139
2018		19		15,197		0.1	%		2,682		0.3	%		176.48		225.51		3,427
2019		7		9,729		0.1	%		994		0.1	%		102.17		120.57		1,173
2020		2		1,105		0.0	%		304		0.0	%		275.11		329.41		364
2021		1		3,194		0.0	%		300		0.0	%		93.93		113.34		362
2022		—		—		0.0	%		—		0.0	%		—		—		—
Thereafter		4		10,802		0.1	%		1,403		0.1	%		129.88		228.57		2,469
Portfolio Total / Weighted Average		282		371,653		2.2	%	$	42,464		4.0	%	$	191.78	$	214.02	$	47,389

NON-TECHNICAL

Year	Number of Leases Expiring (1)(5)		Square Footage of Expiring Leases (2)(5)		Percentage of Net Rentable Square Feet			Annualized Rent (3)(5)		Percentage of Annualized Rent			Annualized Rent Per Occupied Square Foot		Annualized Rent Per Occupied Square Foot at Expiration		Annualized Rent at Expiration
Available				717,632		3.6	%				0.0	%
Month to Month (4)		30		29,125		0.1	%	$	800		0.1	%	$	27.47	$	27.47	$	800
2013		22		41,833		0.2	%		788		0.1	%		18.84		18.91		791
2014		74		291,566		1.5	%		5,461		0.5	%		18.73		18.87		5,502
2015		70		314,426		1.6	%		5,899		0.6	%		18.76		19.15		6,020
2016		65		204,966		1.0	%		4,220		0.4	%		20.59		21.79		4,466
2017		65		779,814		4.0	%		16,803		1.6	%		21.55		22.40		17,469
2018		55		253,349		1.3	%		5,894		0.6	%		23.26		26.03		6,594
2019		45		153,263		0.8	%		3,400		0.3	%		22.18		24.85		3,808
2020		44		271,024		1.4	%		7,145		0.7	%		26.36		27.13		7,354
2021		27		428,671		2.2	%		5,335		0.5	%		12.45		14.32		6,139
2022		31		280,491		1.4	%		5,090		0.5	%		18.15		21.31		5,977
Thereafter		96		707,938		3.6	%		10,999		1.0	%		15.54		18.40		13,025
Portfolio Total / Weighted Average		624		4,474,098		22.7	%	$	71,834		6.9	%	$	19.12	$	20.75	$	77,945

(1) Number of leases represents the leased-unit count; a lease could include multiple units.

(2) For some of our properties, we calculate square footage based on factors in addition to contractually leased square feet, including available power, required support space and common area. We estimate the total net rentable square feet available for lease based on a number of factors in addition to contractually leased square feet, including available power, required support space and common area.

(3) Annualized rent represents the monthly contractual base rent (defined as cash base rent before abatements) under existing leases as of September 30, 2013 multiplied by 12.

(4) Includes leases, licenses and similar agreements that upon expiration have been automatically renewed on a month-to-month basis.

(5) Represents consolidated portfolio plus our managed portfolio of unconsolidated joint ventures based on our ownership percentage.

Page 27

DIGITAL REALTY TRUST, INC.

Third Quarter 2013

Portfolio Overview by Product Type

As of September 30, 2013

(Dollar amounts in thousands)

Property Type	Product Type	Annualized Rent (1)(2)		Percentage of Annualized Rent			Percentage of Property Type Total
Corporate Data Center	Turn-Key Flex	$	507,962		48.1	%		65.4	%
	Powered Base Building		204,817		19.4	%		26.4	%
	Colocation		13,347		1.3	%		1.7	%
	Non-Technical		50,232		4.7	%		6.5	%
	Data Center Total		776,359		73.5	%		100.0	%
Internet Gateway Data Center	Turn-Key Flex		112,259		10.6	%		41.9	%
	Powered Base Building		116,393		11.0	%		43.4	%
	Colocation		29,117		2.8	%		10.9	%
	Non-Technical		10,322		1.0	%		3.8	%
	Internet Gateway Data Center Total		268,091		25.4	%		100.0	%
Non-Data Center	Non-Technical		11,278		1.1	%		100.0	%
	Non-Data Center Total		11,278		1.1	%		100.0	%
	Total	$	1,055,728		100.0	%

(1) Annualized rent represents the monthly contractual base rent (defined as cash base rent before abatements) under existing leases as of September 30, 2013 multiplied by 12.

(2) Represents consolidated portfolio plus our managed portfolio of unconsolidated joint ventures based on our ownership percentage.

Page 28

DIGITAL REALTY TRUST, INC.

Third Quarter 2013

Summary of Leasing Activity

Leases Signed in the Quarter Ended September 30, 2013

	Turn-Key Flex						Powered Base Building						Colocation						Build to Suit				Non-Tech						Total
	QTR			R12			QTR			R12			QTR			R12			QTR		R12		QTR			R12			QTR			R12
Leasing Activity—New (1)
Number of Leases (2)		20			52						3			35			107			2		16		23			57			80			235
Rentable Square Feet Leased (3)		265,327			493,947						54,805			20,895			50,725			23,322		296,075		31,015			210,599			340,559			1,106,151
Initial Stabilized Cash Rent per Square Foot (PSF)	$	134		$	151					$	27		$	159		$	220		$	167	$	114	$	24		$	22		$	128		$	114
GAAP Rent PSF (4)	$	147		$	165					$	31		$	165		$	221		$	173	$	123	$	23		$	23		$	139		$	123
Leasing Cost PSF	$	46		$	60					$	10		$	27		$	41		$	78	$	21	$	10		$	28		$	44		$	40
Weighted Average Lease Term (years)		8.0			9.4						9.3			4.9			3.8			7.7		12.9		5.6			9.7			7.6			10.1
Leasing Activity—Renewals (1)
Number of Leases (2)		7			23			15			22			14			62							10			29			46			136
Leases Renewed (square feet) (3)		148,046			331,754			479,815			727,014			10,126			63,268							65,227			122,214			703,214			1,244,250
Expiring Cash Rent PSF	$	120		$	160		$	41		$	40		$	156		$	167						$	25		$	26		$	58		$	77
Renewed Cash Rent PSF	$	114		$	150		$	44		$	43		$	168		$	180						$	25		$	26		$	59		$	77
Cash Rental Rate Change		-4.7	%		-6.4	%		8.3	%		5.5	%		8.0	%		7.7	%						-0.7	%		1.5	%		2.2	%		-1.0	%
Expring GAAP Rent PSF (4)	$	112		$	117		$	35		$	35		$	152		$	162						$	23		$	24		$	52		$	62
Renewed GAAP Rent PSF (4)	$	117		$	121		$	51		$	48		$	186		$	191						$	26		$	27		$	64		$	73
GAAP Rental Rate Change		4.6	%		3.2	%		44.9	%		37.5	%		22.5	%		17.8	%						11.9	%		11.4	%		24.2	%		16.7	%
Leasing Cost PSF	$	8		$	20		$	2		$	9		$	58		$	11						$	3		$	3		$	4		$	12
Weighted Average Lease Term (years)		2.9			5.3			16.6			16.2			7.4			3.4							11.5			9.6			13.1			11.8
Retention Ratio (5)		97	%		82	%		98	%		98	%		60	%		60	%						62	%		34	%		92	%		77	%

(1) Excludes short term, roof and garage leases.

(2) The number of leases represents the leased-unit count; a lease could include multiple units.

(3) For some of our properties, we calculate square footage based on factors in addition to contractually leased square feet, including power, required support space and common area.

(4) Rental rates represent annual estimated cash rent per rentable square foot adjusted for straight-line rents in accordance with GAAP rent.

(5) Based on square feet.

Note: R12 represents rolling 12 months including current quarter.

Page 29

DIGITAL REALTY TRUST, INC.

Third Quarter 2013

Summary of Leasing Activity

Leases Commenced in the Quarter Ended September 30, 2013

	Turn-Key Flex						Powered Base Building						Colocation						Build to Suit				Non-Tech						Total
	QTR			R12			QTR			R12			QTR			R12			QTR		R12		QTR			R12			QTR			R12
Leasing Activity—New (1)
Number of Leases (2)		9			59			1			6			29			102			4		10		17			49			60			226
Rentable Square Feet Leased (3)		111,451			543,760			32,285			86,958			14,770			43,046			91,355		291,501		16,117			127,686			265,978			1,092,951
Initial Stabilized Cash Rent per Square Foot (PSF)	$	161		$	163		$	21		$	58		$	187		$	243		$	103	$	76	$	21		$	21		$	117		$	118
GAAP Rent PSF (4)	$	168		$	175		$	23		$	65		$	187		$	240		$	105	$	79	$	22		$	22		$	121		$	125
Leasing Cost PSF	$	52		$	48		$	8		$	8		$	45		$	46		$	24	$	17	$	6		$	14		$	34		$	32
Weighted Average Lease Term (years)		8.0			10.7			7.8			11.2			4.5			3.8			10.0		9.7		7.5			7.6			8.4			9.8
Leasing Activity—Renewals (1)
Number of Leases (2)		8			24			15			22			10			63							9			29			42			138
Leases Renewed SF (3)		176,853			367,127			479,815			727,014			4,199			59,569							27,717			89,780			688,584			1,243,490
Expiring Cash Rent PSF	$	135		$	127		$	41		$	40		$	233		$	167						$	21		$	35		$	66		$	72
Renewed Cash Rent PSF	$	132		$	118		$	44		$	43		$	229		$	179						$	21		$	36		$	67		$	71
Cash Rental Rate Change		-2.7	%		-7.0	%		8.3	%		5.5	%		-1.4	%		7.5	%						1.0	%		1.5	%		2.2	%		-0.9	%
Expring GAAP Rent PSF (4)	$	128		$	121		$	35		$	35		$	229		$	161						$	19		$	23		$	59		$	65
Renewed GAAP Rent PSF (4)	$	134		$	125		$	51		$	48		$	234		$	189						$	21		$	26		$	72		$	76
GAAP Rental Rate Change		4.9	%		3.6	%		44.9	%		37.5	%		2.0	%		17.3	%						11.0	%		10.9	%		21.3	%		16.0	%
Leasing Cost PSF	$	6		$	18		$	2		$	9		$	2		$	2						$	7		$	6		$	3		$	11
Weighted Average Lease Term (years)		2.5			4.5			16.6			16.2			2.6			2.6							6.6			7.4			12.5			11.4

(1) Excludes short term, roof and garage leases.

(2) The number of leases represents the leased-unit count; a lease could include multiple units.

(3) For some of our properties, we calculate square footage based on factors in addition to contractually leased square feet, including power, required support space and common area.

(4) Rental rates represent annual estimated cash rent per rentable square foot adjusted for straight-line rents in accordance with GAAP rent.

Note: R12 represents rolling 12 months including current quarter.

Page 30

DIGITAL REALTY TRUST, INC.

Third Quarter 2013

Historical Capital Expenditures

	Three Months Ended
	9/30/2013		6/30/2013		3/31/2013		12/31/2012		9/30/2012		6/30/2012		3/31/2012
Recurring capital expenditures (1)	$	12,895,000	$	13,429,000	$	9,860,000	$	14,432,000	$	11,015,000	$	9,229,000	$	6,754,000
Non-recurring capital expenditures (2)	$	277,697,000	$	289,977,000	$	232,774,000	$	216,712,000	$	176,141,000	$	187,055,000	$	167,360,000
Total net rentable square feet at period end excluding development space (3)		19,521,556		20,500,643		20,158,840		19,488,757		18,922,065		17,881,857		16,923,054

(1) Recurring capital expenditures represent non-incremental building improvements required to maintain current revenues and external leasing commissions. Recurring capital expenditures do not include acquisition capital that was taken into consideration when underwriting the purchase of a building, costs which are incurred to bring a building up to Digital Realty’s “operating standards”, or internal leasing commissions.

(2) Non-recurring capital expenditures are primarily for development of space and land not including acquisition costs. In addition, these expenditures include certain infrequent expenditures for capitalized replacements, upgrades, or other projects which enhance the existing operating portfolio (e.g., electrical, mechanical and building upgrades).

(3) For some of our properties, we calculate square footage based on factors in addition to contractually leased square feet, including available power, required support space and common area.

Page 31

DIGITAL REALTY TRUST, INC.

Third Quarter 2013

Developable Land ⁽¹⁾

As of September 30, 2013

(Dollar amounts in thousands)

Property Name	Region		Acquisition Date		Acres		$ Cost Basis (2)
701 Union Boulevard		New York		Oct-12		34.3		10,045
Saito Industrial Park		Osaka, Japan		Aug-13		3.7		9,864
Loudoun Parkway North - H&J		Northern Virginia		Apr-11		15.6		7,371
De President Business Park		Amsterdam, Netherlands		Sep-13		5.4		7,129
Convergence Park		Dallas		Feb-12		50.2		6,896
Profile Park		Dublin, Ireland		Oct-11		10.0		6,595
1-23 Templar Rd (Building 2)		Sydney, Australia		Jul-11		8.6		4,426
Loudoun Parkway North - K		Northern Virginia		Apr-11		9.2		3,700
3205 Alfred Road		Silicon Valley		May-10		2.3		3,086
1550 Space Park Drive		Silicon Valley		Sep-07		7.2		1,939
8025 North Interstate 35		Austin		Jun-12		11.3		1,721
						157.8	$	62,772

(1) Represents properties acquired to support ground up development.

(2) Cost basis calculated using the spot rate as of September 30, 2013.

Page 32

DIGITAL REALTY TRUST, INC.

Third Quarter 2013

Construction Activity Report

As of September 30, 2013

(in square feet unless otherwise noted)

Construction in Progress by Market

	Construction in Progress (“CIP”)
Market	Space Under Development			Land Under Development			Total Construction In Progress			Space Held for Development		Total		Percentage Leased of CIP
Austin		23,322			—			23,322			21,640		44,962		100.0	%
Boston		—			71,205			71,205			84,444		155,649		0.0	%
Chicago		348,827			—			348,827			160,409		509,236		11.2	%
Dallas		—			248,164			248,164			613,269		861,433		23.8	%
Houston		—			4,500			4,500			18,222		22,722		0.0	%
New York Metro		35,224			54,065			89,289			441,505		530,794		20.6	%
Northern Virginia		30,333			264,027			294,360			15,456		309,816		15.8	%
Philadelphia		—			—			—			60,011		60,011		0.0	%
Phoenix		92,420			—			92,420			169,695		262,115		0.0	%
Sacramento		—			—			—			23,397		23,397		0.0	%
San Francisco		—			—			—			33,560		33,560		0.0	%
Silicon Valley		15,193			—			15,193			96,454		111,647		100.0	%
St. Louis		67,914			—			67,914			74,404		142,318		0.0	%
Toronto, Canada		34,306			—			34,306			21,189		55,495		100.0	%
London, England		16,070			106,400			122,470			184,027		306,497		100.0	%
Melbourne, Australia		—			93,582			93,582			—		93,582		0.0	%
Paris, France		27,350			—			27,350			—		27,350		100.0	%
Singapore		—			—			—			64,328		64,328		0.0	%
Sydney, Australia								—			45,015		45,015		0.0	%
Grand Total		690,959			841,943			1,532,902			2,127,025		3,659,927
Total US Markets		613,233			641,961			1,255,194			1,812,466		3,067,660
Total Intl Markets		77,726			199,982			277,708			314,559		592,267
Percentage Leased (1)		29.5	%		21.6	%		25.1	%

Construction in Progress by Product Type ⁽²⁾

	US		Europe		Asia/Pacific		Total		% Leased (1)
Turn-Key FlexSM		511,678		—		40,000		551,678		29.6	%
Powered Base Building®		705,481		27,350		53,582		786,413		3.5	%
Custom Solutions		72,341		122,470		—		194,811		100.0	%
Total Construction in Progress by Product Type		1,289,500		149,820		93,582		1,532,902		25.1	%

Total Development Activity ⁽³⁾

	US			Europe			Asia/Pacific		Total			% Leased (1)
Total Development and Space Held as of June 30, 2013		3,021,030			335,515			202,925		3,559,470
New Inventory Held for Development		379,641			—			—		379,641
Space Delivered During the Quarter:										—
Turn-Key FlexSM		(161,175	)		—			—		(161,175	)		36.1	%
Powered Base Building®		(26,325	)		—			—		(26,325	)		100.0	%
Custom Solutions		(92,345	)		—			—		(92,345	)		100.0	%
Remeasurement Adjustments		2,329			(1,668	)		—		661
Total Development and Space Held as of September 30, 2013		3,123,155			333,847			202,925		3,659,927

(1) Represents leases signed.

(2) Based on current estimates.

(3) Includes space and land under development and space held for development.

Page 33

DIGITAL REALTY TRUST, INC.

Third Quarter 2013

Construction Projects in Progress and Total Estimated Direct Cost ⁽¹⁾

For the quarter ended September 30, 2013

(Dollar amounts in thousands, except for cost per square foot)

Construction Projects in Progress and Total Estimated Direct Cost	Base Building Improvement to Net Rentable Square Feet		Net Rentable Square Feet		Direct Project Cost—Spent to Date		Direct Project Cost—to Be Spent		Direct Project Total Estimated Cost		Direct Project Cost Per Net Rentable Square Foot
Turn-Key Flex Under Construction as of September 30, 2013 (2)		—		551,678	$	154,344	$	142,248	$	296,592	$	538
Custom Solutions Under Construction as of September 30, 2013 (2)		—		194,811		23,108		180,166		203,274	$	1,043
Powered Base Building Under Construction as of September 30, 2013 (2)		—		786,413		89,248		47,743		136,991	$	174
Base Building Improvements to Current in Progress Space Under Construction		—		—		158,095		24,799		182,894
Base Building Improvements to Support Future Development (3)		1,809,458		—		66,601		148,109		214,710
Base Building Improvements to Support Operating Portfolio (3)		2,655,099		—		77,116		18,056		95,172
TOTAL		4,464,557		1,532,902	$	568,512	$	561,121	$	1,129,633

(1) Includes direct project cash disbursements and project accruals; does not include capitalized costs (i.e., interest and general & administrative) or pro-rata acquisition cost.

(2) Represents suite-specific projects based on current estimates.

(3) Cost incurred to develop base buildings for future development and overall condition of portfolio.

Page 34

DIGITAL REALTY TRUST, INC.

Third Quarter 2013

Management Statements on Non-GAAP Supplemental Measures

Funds from Operations (FFO):

We calculate funds from operations, or FFO, in accordance with the standards established by the National Association of Real Estate Investment Trusts, or NAREIT. FFO represents net income (loss) (computed in accordance with GAAP), excluding gains (or losses) from sales of property, impairment charges, real estate related depreciation and amortization (excluding amortization of deferred financing costs) and after adjustments for unconsolidated partnerships and joint ventures. Management uses FFO as a supplemental performance measure because, in excluding real estate related depreciation and amortization and gains and losses from property dispositions and after adjustments for unconsolidated partnerships and joint ventures, it provides a performance measure that, when compared year over year, captures trends in occupancy rates, rental rates and operating costs. We also believe that, as a widely recognized measure of the performance of REITs, FFO will be used by investors as a basis to compare our operating performance with that of other REITs. However, because FFO excludes depreciation and amortization and captures neither the changes in the value of our properties that result from use or market conditions, nor the level of capital expenditures and capitalized leasing commissions necessary to maintain the operating performance of our properties, all of which have real economic effect and could materially impact our financial condition and results from operations, the utility of FFO as a measure of our performance is limited. Other REITs may not calculate FFO in accordance with the NAREIT definition and, accordingly, our FFO may not be comparable to such other REITs’ FFO. Accordingly, FFO should be considered only as a supplement to net income computed in accordance with GAAP as a measure of our performance.

Adjusted Funds from Operations (AFFO):

We present adjusted funds from operations, or AFFO, as a supplemental operating measure because, when compared year over year, it assesses our ability to fund dividend and distribution requirements from our operating activities. We also believe that, as a widely recognized measure of the operations of REITs, AFFO will be used by investors as a basis to assess our ability to fund dividend payments in comparison to other REITs, including on a per share and unit basis. We calculate AFFO by adding to or subtracting from FFO (i) non-real estate depreciation, (ii) amortization of deferred financing costs, (iii) amortization of debt discount, (iv) non-cash compensation, (v) loss from early extinguishment of debt, (vi) straight line rents, (vii) fair value of lease revenue amortization, (viii) change in fair value of contingent consideration, (ix) capitalized leasing payroll, (x) recurring tenant improvements, (xi) capitalized leasing commissions and (xii) costs of redeeming our preferred stock. Other REITs may not calculate AFFO in a consistent manner. Accordingly, our AFFO may not be comparable to other REITs’ AFFO. AFFO should be considered only as a supplement to net income computed in accordance with GAAP as a measure of our performance.

EBITDA and Adjusted EBITDA:

We believe that earnings before interest expense, income taxes, depreciation and amortization, or EBITDA, and Adjusted EBITDA (as defined below), are useful supplemental performance measures because they allow investors to view our performance without the impact of non-cash depreciation and amortization or the cost of debt and, with respect to Adjusted EBITDA, straight-line rent expense adjustment attributable to prior periods, gain from change in control of investment properties, noncontrolling interests, and preferred stock dividends. Adjusted EBITDA is EBITDA excluding straight-line rent expense adjustment attributable to prior periods, gain on contribution of properties to unconsolidated joint venture, noncontrolling interests, and preferred stock dividends. In addition, we believe EBITDA and Adjusted EBITDA are frequently used by securities analysts, investors and other interested parties in the evaluation of REITs. Because EBITDA and Adjusted EBITDA are calculated before recurring cash charges including interest expense and income taxes, exclude capitalized costs, such as leasing commissions, and are not adjusted for capital expenditures or other recurring cash requirements of our business, their utility as a measure of our performance is limited. Other REITs may calculate EBITDA and Adjusted EBITDA differently than we do; accordingly, our EBITDA and Adjusted EBITDA may not be comparable to such other REITs’ EBITDA and Adjusted EBITDA. Accordingly, EBITDA and Adjusted EBITDA should be considered only as supplements to net income computed in accordance with GAAP as a measure of our financial performance.

Net Operating Income (NOI) and Cash NOI:

Net operating income, or NOI, represents rental revenue and tenant reimbursement revenue less rental property operating and maintenance expenses, property taxes and insurance expenses (as reflected in the statement of operations). NOI is commonly used by stockholders, company management and industry analysts as a measurement of operating performance of the company’s rental portfolio. Cash NOI is NOI less straight-line rents and above and below market rent amortization. Cash NOI is commonly used by stockholders, company management and industry analysts as a measure of property operating performance on a cash basis. However, because NOI and cash NOI exclude depreciation and amortization and capture neither the changes in the value of our properties that result from use or market conditions, nor the level of capital expenditures and capitalized leasing commissions necessary to maintain the operating performance of our properties, all of which have real economic effect and could materially impact our results from operations, the utility of NOI and cash NOI as measures of our performance is limited. Other REITs may not calculate NOI and cash NOI in the same manner we do and, accordingly, our NOI and cash NOI may not be comparable to such other REITs’ NOI and cash NOI. Accordingly, NOI and cash NOI should be considered only as supplements to net income computed in accordance with GAAP as measures of our performance.

Page 35