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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.
DLR earnings call for the period ending September 30, 2024.
(Reuters) - U.S. investment giant Blackstone and data-center firm Digital Realty will create a joint venture that will spend $7 billion on developing data centers, the companies said on Thursday.
Amid solid data-center demand, Digital Realty (DLR) is poised to excel through accretive acquisitions, development and expansion efforts. However, stiff competition and high debt burden remain woes.
Digital Realty's (DLR) global data center footprint and high demand are likely to have aided Q4 earnings. However, aggressive pricing pressure might have been a deterrent.
As of December 31, 2016, the company owned 11 operating data center facilities comprising over 3.3 million net rentable square feet. [1] Eight of the properties were in Northern Virginia, two were in Elk Grove Village, Illinois, and one was in Santa Clara, California.
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