8-KMaterial AgreementsExhibits & Filings

DIGITAL REALTY TRUST, INC. 8-K Report, Material Agreement (Apr 13, 2009)

Filed April 13, 2009For Securities:DLRDLR-PJDLR-PKDLR-PL

Summary

Digital Realty Trust, Inc. (DLR) filed an 8-K on April 13, 2009, reporting a material definitive agreement related to its Operating Partnership. Specifically, the company entered into an Eighth Amended and Restated Agreement of Limited Partnership for Digital Realty Trust, L.P. This amendment primarily revises the technical allocations of net income and net losses within the Operating Partnership to more closely align with actual cash distributions made to the company and its limited partners. While this filing does not introduce new financial performance data, it signals ongoing adjustments to the partnership's internal financial structure. Investors should note that these changes are procedural and aimed at improving the accuracy of accounting for distributions, rather than indicating a change in the company's operational performance or strategic direction.

Key Highlights

  • 1DLR entered into an Eighth Amended and Restated Agreement of Limited Partnership for its Operating Partnership, Digital Realty Trust, L.P., effective April 7, 2009.
  • 2The primary purpose of the amendment is to make technical revisions to the allocation of net income and net losses.
  • 3These revisions are designed to ensure that net income and net loss allocations more closely track actual cash distributions made by the Operating Partnership.
  • 4The amendment applies to the Company (Digital Realty Trust, Inc.) and limited partners who consent or are deemed to consent.
  • 5The Partnership Agreement amendment is filed as Exhibit 10.1 to the 8-K.
  • 6This filing does not contain any material adverse or positive financial results, but rather addresses internal partnership accounting procedures.

Frequently Asked Questions

The main purpose of the amendment is to make technical revisions to how net income and net losses are allocated within the Operating Partnership. These changes are intended to ensure that the accounting allocations more accurately reflect the actual cash distributions being made to the company and its limited partners.

No, this filing does not directly report on the company's financial performance or strategic changes. It is a procedural update related to the internal accounting structure of the Operating Partnership, specifically how income and losses are matched with cash distributions.

The amended Partnership Agreement affects Digital Realty Trust, Inc. (the Company) and the limited partners of Digital Realty Trust, L.P. who consent or are deemed to consent to the amendment.

The full details of the Eighth Amended and Restated Agreement of Limited Partnership of Digital Realty Trust, L.P. are provided as Exhibit 10.1 to this Form 8-K filing and are incorporated by reference.