Global Real Estate MonitorA Monthly Newsletter Exclusively for Commercial Real Estate Executives
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June 2007 VOL. 2

                    Archives
In This Issue
>   Going Coastal: Portland enjoys growing interest from institutional investors
>   Street Smarts: Infrastructure Emerges as New Asset Class
>   Private Equity Impacts European Real Estate
Briefs
>   Investment Notes
>   Foreign Exchange
>   Did You Know?
 
Events
NAREIT Investors Forum

June 6-8, 2007 New York

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Commercial Mortgage Securities Association Annual Conference

June 11-13, 2007 New York

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Real Estate Roundtable Annual Meeting

June 20-21, 2007 Washington D.C.

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GE Real Estate

1,900 employees

45 offices, 28 countries

$59 billion in assets

$78 billion served assets

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Did You Know…

More than 80 percent of North America-based corporations plan to expand their data centers over the next two years, according to a study conducted by research firm Campos Research & Analysis and commissioned by Digital Realty Trust Inc., a San Francisco-based REIT that owns and manages corporate data centers.

The study, which surveyed top executives in a variety of industries, also found that 75 percent of the companies that plan to expand will do so in two or more locations.

The majority of participants in the research study indicated that they needed to establish new data centers to: meet their growth requirements; accommodate disaster recovery initiatives; and comply with Sarbanes-Oxley-related requirements.

The survey also found that security was ranked as the most important factor in selecting a geographic location for data centers. Telecom and accessibility for company personnel were also critical, though taxes, labor pool and real estate costs were less important, according to survey participants.

More than half of the respondents plan to use a partner to implement their expansion plans, and only 35 percent are planning to implement the expansion themselves.

GE

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