ATHENS, Greece, December 22, 2022 – Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation, and interconnection solutions, today announced that it is under contract to purchase additional land in Athens that is expected to support 15 megawatts (MW) of additional data center capacity, further strengthening the company’s presence in Greece.

The land parcel, located in the adjacent property to ATH3 and ATH4 in Koropi, a suburban town of Athens, is expected to support the development of new facilities which will connect to Digital Realty’s existing facilities, providing customers with access to the densely populated, rapidly growing connected data communities that have been established at these sites. Through PlatformDIGITAL®, Digital Realty’s global data center platform, customers will be able to connect to a broad range of businesses through its vast global footprint of more than 300 data centers in 50+ metros across 27 countries on six continents.

Apostolos Kakkos, Chairman and CEO of Lamda Hellix, now Digital Realty, commented: "Today, with this latest development, a personal strategic plan and long-time vision is being realized: firmly placing Greece on the digital map and increasing its competitiveness globally. I’m particularly proud of Digital Realty’s current position as one of the largest providers of data center services in Southeast Europe, with three data centers in operation and others under development, adding value to Greece’s economy from both an economic and local employment perspective.”

A co-founder of Lamda Hellix, first established in 2002, Kakkos has been at the forefront of the data center industry in Greece for more than two decades, expanding services and winning numerous awards along the way.

Kakkos continued: “After 21 years at the helm of Lamda Hellix – now Digital Realty – I’m confident that the future of the company will be bright and will continue to grow and add value to the Greek economy.”

Alexandros Bechrakis, Lamda Hellix’s Chief Commercial and Technology Officer, who has worked closely with Kakkos for the past 11 years, will succeed Kakkos and be the new Managing Director of Digital Realty’s business in Greece.

Bechkrakis commented: “I’d like to thank Apostolos for his exceptional leadership, as well as the contributions he has made to Greece through the development of its digital infrastructure. I look forward to continuing his legacy and further building on Greece’s position as a hyperconnected gateway to Southeast Europe.”