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) has launched ServiceFabric™ Connect, the largest open fabric-of-fabrics designed to facilitate a data-centric architecture transition for customers. This interconnectivity solution supports businesses in unlocking trapped data value by integrating network and cloud connectivity across 61 sites in 32 metro markets worldwide. The initiative is part of Digital Realty's vision to tackle Data Gravity and enhance hybrid IT solutions. The company emphasizes collaboration with partners like Megaport and Zayo to advance innovative, secure interconnection services.
Digital Realty (NYSE: DLR) will release its second quarter 2022 financial results after the market closes on July 28, 2022. A conference call is scheduled for 5:30 p.m. ET on the same day to discuss the results. Investors can participate by calling +1 (888) 317-6003 (domestic) or +1 (412) 317-6061 (international) and referencing conference ID #6453950. The live webcast of the call will be available on the company's website, with replays accessible until August 28, 2022.
Digital Realty has published its fourth annual ESG Report, highlighting significant advancements in sustainability. The company has reached one gigawatt of IT capacity certified under sustainable standards and achieved 64% global renewable energy coverage, marking a 14% increase from the prior year. With 100% renewable energy usage across the U.S. and European colocation portfolios, Digital Realty's efforts include 118 megawatts of new renewable energy contracts. The company is committed to reducing Scope 1, 2, and 3 emissions by 2030, reflecting its leadership in sustainable data center operations.
Digital Realty (NYSE: DLR) has launched Data Hub featuring HPE GreenLake Colocation on PlatformDIGITAL®, enabling enterprises to manage data efficiently. This solution helps organizations unlock value and innovate in a secure environment. By 2025, data generation is projected to reach 463 exabytes daily, necessitating decentralized IT models. Digital Realty emphasizes its commitment to sustainability with 100% clean energy usage across its US and European facilities, addressing the growing challenges posed by Data Gravity.
DE-CIX Dallas has marked an advancement in its partnership with Digital Realty (NYSE: DLR) by installing a switch at 2323 Bryan Street, Dallas, Texas. This upgrade allows seamless access to DE-CIX Dallas, significantly enhancing capacity for networks in the region. The Dallas market, recognized as the fourth largest multi-tenant data center market in North America, has experienced over a 11% growth in size for two consecutive quarters in 2022, driven by hyperscale demand.
DE-CIX Dallas is now among the top 20 largest Internet Exchanges in the U.S.
Digital Realty (NYSE: DLR) has announced a joint venture with Mivne Real Estate to develop a multi-tenant data center campus in Israel, marking its entry into the Israeli market. This initiative strengthens Digital Realty's leadership in the Mediterranean region, expanding its presence in cities like Athens, Barcelona, and Marseille. The new data center is expected to support up to 20 megawatts of IT load and is anticipated to begin delivering services in 2023, driven by customer demand. The partnership aims to leverage Israel's growing digital infrastructure and tech innovation landscape.
Digital Realty has announced its annual conference, MarketplaceLIVE 2022, themed 'The Crossroads of the Digital World: Possibilities of a World That Defies Data Gravity.' Scheduled for June 13-15, 2022, the event will occur both in-person in New York and virtually. Highlights include keynotes from industry leaders and the first virtual technical user conference, DigitalCON. Attendees will explore data-driven opportunities and solutions to IT challenges. The event aims to inspire and foster collaboration among customers, partners, and technology leaders.
On June 9, 2022, Fiber Sense Limited announced the appointment of Chris Sharp, CTO of Digital Realty (DLR), as a Non-Executive Director and Co-Chair of its Board. Sharp brings extensive experience from leading technology teams in top data center companies, including Equinix and Qwest. His expertise in technology strategies and infrastructure improvements is expected to guide FiberSense during its growth phase. FiberSense specializes in leveraging fiber optic cables for sensing and monitoring applications, aimed at enhancing asset protection services.
Digital Realty (NYSE: DLR) appointed Mary Hogan Preusse as Chairman of the Board, effective August 2022, succeeding Laurence Chapman, who will remain on the Board. Hogan Preusse, an experienced director since April 2017, aims to enhance Digital Realty's governance and accelerate growth in the data center sector amid digital transformation. Chapman praised her strategic role in expanding the company. The transition reflects a balance of fresh leadership and continuity as the firm aims to strengthen its global platform.
Digital Realty (NYSE: DLR) announced a quarterly cash dividend for its common and preferred stock for Q2 2022. Common stockholders will receive $1.22 per share, payable on June 30, 2022, to those on record as of June 15, 2022. Preferred stock dividends include $0.328125 for Series J, $0.365625 for Series K, and $0.325000 for Series L, all also payable on June 30, 2022. The dividends reflect the company’s commitment to returning income to shareholders while maintaining a strong financial position.
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?
