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
Digital Realty (NYSE: DLR) announced on August 11, 2020, its board of directors authorized quarterly cash dividends for common and preferred stock for Q3 2020. Shareholders of common stock will receive a dividend of $1.12 per share, payable on September 30, 2020. Preferred stock dividends include $0.414063 for Series C, $0.367188 for Series G, $0.328125 for Series J, $0.365625 for Series K, and $0.325000 for Series L, all of which will be paid on the same date to shareholders of record on September 15, 2020.
Digital Realty (NYSE: DLR) reported its Q2 2020 financial results, showing a revenue of $993 million, a 21% increase from Q1 and 24% year-over-year. Net income available to common stockholders rose to $0.20 per share. However, core FFO per share decreased 6% year-over-year to $1.54. The company raised its 2020 core FFO outlook to $6.00-$6.10. Total signed bookings for the quarter are expected to generate $144 million in annualized GAAP rental revenue, with significant contributions from Interxion. Digital Realty remains operational amid COVID-19, prioritizing health and safety.
Digital Realty (NYSE: DLR) announced a significant collaboration with NVIDIA and Core Scientific, deploying the first AI-ready Data Hub using NVIDIA DGX A100 technology at its Interxion Digital Docklands Campus in London. This initiative aims to enhance digital transformation, providing customers with a platform to rapidly deploy AI models. Digital Realty, the first to earn NVIDIA DGX-Ready Data Center certification, expands its AI infrastructure to support businesses in optimizing data workflows and driving enterprise innovations.
On July 16, 2020, Digital Realty's Interxion was recognized as the leading connected data center provider in EMEA, according to Cloudscene's H1 2020 leaderboard. This achievement underscores the strategic benefits of Digital Realty's merger with Interxion, enhancing its ability to meet increasing customer demand. The company is expanding its EMEA footprint through acquisitions in Frankfurt, Paris, and London. Notably, businesses are projected to spend $5.9 trillion on digital transformation from 2019 to 2022, increasing the need for robust connectivity solutions.
On July 13, 2020, Digital Realty announced that its subsidiary, Interxion, acquired the freehold of its Hanauer Landstraße campus in Frankfurt, which includes nine data centers and the German headquarters. This acquisition consolidates Interxion's control over 15 data centers at this strategic location. Additionally, Interxion agreed to purchase an adjacent 107,000-square-meter expansion parcel to develop up to 180 megawatts of IT capacity. These investments aim to enhance digital transformation capabilities and strengthen Interxion's market position in Europe.
Digital Realty (NYSE: DLR) has announced its intention to redeem all outstanding 3.625% notes due 2022 and 3.950% notes due 2022. The redemption, effective August 3, 2020, includes $300 million of 3.625% notes and $500 million of 3.950% notes, with a redemption price equating to par plus a make-whole premium and accrued interest. Wells Fargo Bank serves as the trustee for both note series. The company emphasized its focus on data center and interconnection solutions.
Interxion, a Digital Realty company, has opened the first phase of its MRS3 data centre in Marseille, enhancing connectivity in a key digital hub. The facility is located in a former WWII submarine base and offers 2,300 square metres of IT space. With plans to expand to 16.5 megawatts and approximately 7,100 square metres, MRS3 benefits from 100% renewable energy and unique cooling sourced from local mines. This development is expected to boost Marseille’s position as a leading Internet hub, aiming to enter the top five globally.
Digital Realty (NYSE: DLR) announced it will release its financial results for the second quarter of 2020 after market close on July 30, 2020. A conference call will be held that day at 5:30 p.m. EDT to discuss these results. Investors can join the call by dialing +1 (888) 317-6003 for domestic calls and +1 (412) 317-6061 internationally. The call will also be available via a live webcast on the company's investor relations website.
Digital Realty (NYSE: DLR) has announced the pricing of its €500,000,000 Euro-denominated 1.250% Guaranteed Notes due 2031. These senior unsecured obligations will be guaranteed by Digital Realty and its operating partnership, with interest payable annually starting June 26, 2020. The proceeds will be used for repaying outstanding borrowings, acquiring properties, funding development, and general corporate purposes. The offering is conducted outside the United States under Regulation S of the Securities Act.
FAQ
What is the current stock price of Digital Realty Trust (DLR)?
What is the market cap of Digital Realty Trust (DLR)?
What does Digital Realty Trust, Inc. do?
How many data centers does Digital Realty own?
What is PlatformDIGITAL®?
What industries does Digital Realty serve?
What recent partnerships has Digital Realty formed?
What are cold shells in the context of Digital Realty's services?
What financial results did Digital Realty report for Q4 2023?
What is Digital Realty's approach to leasing?
How does Digital Realty support innovation?
What is the significance of Digital Realty's REIT status?
