Digital Realty is seeking new development siteswhere it can add inventory to meet existing demand in markets bothnationally and in places like Amsterdam and Paris.
GlobeSt.com recently chatted with MichaelFoust, CEO of the company about the company, which hasbeen busy lately, and doesn’t plan on stopping anytime soon.
For instance, for 2012, the firm is targeting $300 million to$400 million of new acquisitions of income producing properties atan average cap rate range of 8% to 8.5%—ideally with a value-addcomponent.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
