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DLR earnings call for the period ending September 30, 2024.
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A look at the company's recent quarterly results, dividend history and valuation
Digital Realty is a real estate investment trust that owns, operates and invests in carrier-neutral data centers across the world. The company offers data center, colocation and interconnection services. As of June 2023, Digital Realty has 300+ facilities in 50+ metro areas across 25+ countries on six continents.
Digital Realty Trust, Inc. v. Somers, 583 U.S. ___ (2018), was a United States Supreme Court case in which the Court ruled that "whistleblower" status and associated protections as defined by Sarbanes-Oxley and Dodd-Frank only apply in cases where the whistleblower has reported malfeasance directly to the Securities and Exchange Commission.
In 1999, the company was reorganized as a real estate investment trust in Maryland. [1] In 2007, founder Samuel J. Gorlitz died. [3] In 2008, the company acquired Del Mar Village in Boca Raton, Florida for $41.7 million. [4]
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Dundee REIT was formed in 2003, from the commercial properties of Dundee Realty. [1] The remainder of Dundee Realty was taken over by its major shareholder, Dundee Bancorp (now called Dundee Corporation). [1] In 2007, the company sold its Eastern Canadian assets to GE Real Estate for $2.4 billion, while retaining its Western Canadian assets. [2]