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Digital Realty Trust, Inc. - DLR STOCK NEWS

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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

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Digital Realty (NYSE: DLR) announced the pricing of €1.0 billion aggregate principal amount of 0.625% Guaranteed Notes due 2031. The Notes will be senior unsecured obligations, fully guaranteed by Digital Realty and its operating partnership. Interest will be payable annually, starting January 12, 2021, with a maturity date of July 15, 2031. Proceeds from the offering are intended to finance green projects, repay outstanding borrowings, or fund other corporate purposes. The offering is conducted outside the U.S. under Regulation S of the Securities Act.

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Digital Realty (DLR) announced the release of its fourth-quarter 2020 financial results scheduled for February 11, 2021, after market close. The company will conduct a conference call at 5:30 p.m. EST to discuss these results, with participation details provided for domestic and international callers. A live webcast will also be available on their investor relations website. This announcement is significant as it indicates Digital Realty's ongoing commitment to transparency and communication with investors.

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Digital Realty (NYSE: DLR) has released version 1.5 of its Data Gravity Index DGx™, expanding from 21 to 53 global metros. This index assesses enterprise data growth across 23 industries, highlighting that sectors like banking, manufacturing, and insurance will face significant data gravity challenges. Key cities like Jakarta and Singapore are predicted to experience the fastest growth in data gravity intensity. The findings aim to guide enterprises in developing data-centric architectures amid ongoing digital transformations.

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Interxion: A Digital Realty Company has initiated construction of its third data centre in Denmark, which is set to be developed in three phases. The facility will offer nearly 7,000 square metres of space and over 14 megawatts of capacity upon completion. The first phase is expected to deliver approximately 2,300 square metres by the first half of 2022. This strategic expansion at the Copenhagen campus enhances access to global connectivity, enabling customers to reach 80% of Europe’s GDP in under 25 milliseconds.

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Interxion, a Digital Realty Company (NYSE: DLR), is on track to achieve a carbon neutral footprint for its French data centres by the end of 2020. This initiative supports a broader sustainability commitment to reduce direct emissions by 68% and indirect emissions by 24% by 2030. Interxion has reduced CO2 emissions by 20% annually since 2014 while increasing IT capacity by 14%. The company plans to implement high-efficiency cooling solutions and has invested in projects to offset its carbon footprint.

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Digital Realty's subsidiary, Interxion, is expanding its Zurich campus with a new facility that will add over 11,000 square meters of equipped space and 24 megawatts of customer capacity. The project will unfold in three phases, with the first phase expected to provide approximately 2,900 square meters by mid-2022. This expansion reflects the growing demand for data center capacity in Zurich and Europe, positioned strategically within the existing cloud and interconnection hub. The project also aligns with sustainability efforts by contributing excess heat to local district heating initiatives.

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Digital Realty (NYSE: DLR) is hosting MarketplaceLIVE on November 19, 2020, focusing on data gravity, a trend reshaping IT architectures. The Data Gravity Index DGx™ report indicates a projected doubling of data gravity intensity annually through 2024. Since launching PlatformDIGITAL®, Digital Realty expanded into 15 new metros, adding over 300 customers. The company received recognition in the IDC Marketscape and earned the ENERGY STAR Partner of the Year Award. MarketplaceLIVE will discuss overcoming data gravity challenges with leading industry figures.

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Digital Realty (NYSE: DLR) has partnered with Vapor IO and Hivelocity to launch core-to-edge workloads on Hivelocity's bare metal edge cloud, starting in Atlanta with plans for expansion across the U.S. This integration enhances Digital Realty's PlatformDIGITAL and Vapor IO's Kinetic Edge capabilities, allowing developers to deploy low-latency applications efficiently. Hivelocity reports reduced costs and faster market access due to this collaboration, which combines data center and networking infrastructure to support modern digital applications.

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Digital Realty (NYSE: DLR) announced its board's authorization of quarterly cash dividends for the fourth quarter of 2020. A cash dividend of $1.12 per share will be paid to common stockholders on January 15, 2021, for those on record by December 15, 2020. Preferred stock dividends include $0.414063 for Series C, $0.328125 for Series J, $0.365625 for Series K, and $0.325000 for Series L, all payable on December 31, 2020. This indicates continued income for shareholders amidst the ongoing financial landscape.

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FAQ

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

The current stock price of Digital Realty Trust (DLR) is $163.86 as of January 31, 2025.

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

The market cap of Digital Realty Trust (DLR) is approximately 54.6B.

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

54.58B
331.60M
0.03%
100.71%
2.22%
REIT - Specialty
Real Estate Investment Trusts
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United States
AUSTIN