Digital Realty Trust, a large San Francisco, Calif.-based real estate investment trust that specializes in data centers, reported Thursday that its net income in the second quarter of this year was unchanged from the previous quarter. The company did see a significant increase in net income from one year ago, however. Since the beginning of the year its assets grew by about $100 million.

"Ongoing demand for data center space, combined with our business model and strong balance sheet, continued to produce positive results for our shareholders," DRT CEO Michael Foust said in a statement. "We are well positioned to meet our expectations for the year and we remain focused on continuing our growth into 2010."

DRT's net income in each 2Q and 1Q of 2009 was $21.2 million or about 56 percent up from 2Q, 2008, when the trust reported a net income of $13.6 million. Its total operating revenues during the quarter were $155 million or four percent higher than they were in the first three months of the year and up by 25.2 percent from 2Q, 2008. The REIT reported that its 2Q, 2009, funds from operations amounted to $70.4 million - up by 1.4 percent from the previous quarter and up 22.4 percent from one year ago.