STOCK TITAN

Digital Realty Trust, Inc. - DLR STOCK NEWS

Welcome to our dedicated page for Digital Realty Trust news (Ticker: DLR), a resource for investors and traders seeking the latest updates and insights on Digital Realty Trust stock.

Digital Realty Trust, Inc. (NYSE: DLR) is a premier global provider of cloud- and carrier-neutral data center, colocation, and interconnection solutions. Known for its extensive portfolio, Digital Realty owns and operates over 300 data centers worldwide, encompassing nearly 40 million rentable square feet across five continents. The company's core business revolves around delivering client-driven data center and colocation solutions, ensuring secure, reliable, and cost-effective facilities tailored to meet each client's unique needs. Clients span various industries including IT, internet enterprises, manufacturing, and financial services, highlighting the company's diverse reach.

Digital Realty offers a range of services from retail co-location, where enterprises can rent individual cabinets, to

Rhea-AI Summary

Digital Realty has been awarded the 2021 ENERGY STAR Partner of the Year by the U.S. EPA and Department of Energy for its sustainability initiatives. This marks the second consecutive year the company has received this honor. Its PlatformDIGITAL® is lauded for enhancing operational efficiency, aiming to reduce its carbon footprint by 2030. In 2020, Digital Realty achieved 31 ENERGY STAR certifications, with energy savings equivalent to powering 115,000 U.S. homes. The firm also raised its ENERGY STAR score by 48.5% and minimized non-IT energy use by 4.2%.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.76%
Tags
none
-
Rhea-AI Summary

Digital Realty has officially opened its third data centre in Singapore, named Digital Loyang II (SIN12), which is its largest facility in the country with a capacity of 50 megawatts. This expansion increases the company's total investment in Singapore to over US$1 billion. SIN12 is pre-leased to major global cloud service and financial providers, enhancing the company's PlatformDIGITAL® offerings. The facility emphasizes sustainability, achieving Platinum certification under Singapore's BCA Green Mark, and features efficient cooling systems, aiming to support the growing digital economy in Singapore.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.75%
Tags
none
-
Rhea-AI Summary

Digital Realty (NYSE: DLR) will announce its first-quarter 2021 financial results on April 29, 2021, after market closure. A conference call to discuss these results is scheduled for 5:30 p.m. EDT on the same day. Investors can join by calling +1 (888) 317-6003 for domestic or +1 (412) 317-6061 for international participants. The call will be webcast live on Digital Realty's investor website. Replay options will be available post-call until May 29, 2021.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.71%
Tags
Rhea-AI Summary

Interxion: A Digital Realty Company (NYSE: DLR) has partnered with Telxius to enhance connectivity via the Dunant subsea cable in Paris. This marks the first new cable linking France and the US in 15 years, designed to meet rising global network demands. The connection extends Telxius' reach and will allow businesses to interconnect with improved performance and resilience across digital platforms. The Paris campus is expanding with the Interxion Paris Digital Park, further strengthening its position as a leading digital hub.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.23%
Tags
none
-
Rhea-AI Summary

Digital Realty (NYSE: DLR) achieved 'five nines' uptime, exceeding 99.999% availability for the 14th consecutive year in 2020. The company maintained operational continuity during the pandemic and extreme weather conditions in Texas, ensuring that over 280 global data centers remained fully functional. Notably, the merger with Interxion expanded its reach across 11 EMEA countries. Digital Realty also earned EPA ENERGY STAR certification for 31 data centers and was named ENERGY STAR Partner of the Year, demonstrating its commitment to sustainability.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.06%
Tags
none
-
Rhea-AI Summary

Digital Realty (NYSE: DLR) announced an expansion of secure, private access to Google Cloud's network in five key global metros, including Atlanta, Los Angeles, Vienna, and Düsseldorf. This initiative enhances direct interconnections, enabling high-speed, low-latency connections for customers, which is crucial for hybrid IT deployments. The company emphasizes the importance of proximity to Google Cloud for performance and cost advantages. Additionally, Digital Realty's infrastructure supports customers' digital transformation efforts by facilitating rapid deployment of applications on Google Cloud's scalable platform.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.53%
Tags
none
Rhea-AI Summary

Digital Realty (DLR) has successfully sold a portfolio of 11 data centers in Europe, consisting of four in the UK and seven across France, the Netherlands, and Switzerland, for approximately $680 million. The UK facilities fetched £250.25 million while the European centers sold for €276.85 million. The deal is projected to generate $43.5 million in net operating income for 2021. The proceeds will be utilized to reduce debt and fund growth initiatives, reinforcing the company’s strategy for self-funding and capital diversification.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.39%
Tags
none
-
Rhea-AI Summary

Interxion, a Digital Realty Company (NYSE: DLR), has commenced construction on a third data center in Brussels, Belgium, aimed for completion in Q4 2021. This facility will add nearly 1,280m² of capacity and enhance network connectivity for local and global enterprises. The expansion supports Digital Realty's PlatformDIGITAL® strategy and responds to the growing demand for data-centric infrastructure. The new site will also participate in a sustainable heating initiative, utilizing excess heat for local households. Data Gravity Index forecasts indicate rapid data growth in the Brussels area, expected to double by 2024.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.33%
Tags
none
-
Rhea-AI Summary

On March 3, 2021, Digital Realty announced a manifesto aimed at overcoming barriers in the interconnection industry and addressing challenges posed by data gravity. The initiative includes an updated roadmap for PlatformDIGITAL®, enhancing interconnection capabilities and building a vast network of data centers. Notably, Digital Realty reported a 27% increase in its Service Exchange product uptake and a 46% growth for Cloud Connect over the past year. The company continues to expand its global footprint, now covering 49 metros and 24 countries, and integrating innovative solutions with partners like Megaport and Pureport.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.16%
Tags
none
Rhea-AI Summary

Digital Realty (NYSE: DLR) has announced a 4% increase in its quarterly cash dividend for common stock to $1.16 per share, marking the 16th consecutive year of dividend growth. This dividend is payable on March 31, 2021, to shareholders of record as of March 15, 2021. Additionally, preferred stock dividends were confirmed, with amounts ranging from $0.325 to $0.414063 per share, also payable on March 31, 2021. The company's CFO highlighted the strong recurring cash flows that support this consistent dividend increase.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.27%
Tags
dividends

FAQ

What is the current stock price of Digital Realty Trust (DLR)?

The current stock price of Digital Realty Trust (DLR) is $178.57 as of December 20, 2024.

What is the market cap of Digital Realty Trust (DLR)?

The market cap of Digital Realty Trust (DLR) is approximately 58.8B.

What does Digital Realty Trust, Inc. do?

Digital Realty Trust, Inc. provides cloud- and carrier-neutral data center, colocation, and interconnection solutions globally.

How many data centers does Digital Realty own?

Digital Realty owns and operates over 300 data centers worldwide.

What is PlatformDIGITAL®?

PlatformDIGITAL® is Digital Realty's global data center platform offering a secure data meeting place and solutions for managing data challenges.

What industries does Digital Realty serve?

Digital Realty serves a variety of industries including IT, internet enterprises, manufacturing, and financial services.

What recent partnerships has Digital Realty formed?

Digital Realty has recently partnered with Realty Income Corporation and Blackstone Inc. for data center developments in Northern Virginia, Frankfurt, and Paris.

What are cold shells in the context of Digital Realty's services?

Cold shells are large, power-connected spaces provided by Digital Realty where hyperscale cloud service providers can rent much or all of a building.

What financial results did Digital Realty report for Q4 2023?

Digital Realty reported revenues of $1.4 billion and adjusted EBITDA of $700 million for Q4 2023.

What is Digital Realty's approach to leasing?

Digital Realty offers both new leases and renewals, with significant contributions from colocation and interconnection services.

How does Digital Realty support innovation?

Digital Realty supports innovation through its global platform, PlatformDIGITAL®, and solutions like the Pervasive Datacenter Architecture (PDx®).

What is the significance of Digital Realty's REIT status?

As a real estate investment trust (REIT), Digital Realty provides shareholders with income distributions and operates under specific regulatory frameworks beneficial for real estate investments.

Digital Realty Trust, Inc.

NYSE:DLR

DLR Rankings

DLR Stock Data

58.80B
331.46M
0.08%
100.7%
2%
REIT - Specialty
Real Estate Investment Trusts
Link
United States of America
AUSTIN