Digital Realty Enters Bulgaria with Acquisition of Highly Connected Interconnection Hub in Sofia

Rhea-AI Summary

Digital Realty (NYSE: DLR) entered Bulgaria by acquiring Telepoint, adding two Sofia data centers including one facility with more than 110 unique network service providers and multiple cloud on‑ramps. The move expands PlatformDIGITAL® into Southeast Europe and links Sofia to Digital Realty’s Athens, Heraklion, and Zagreb footprint.

Sofia hosts >340 network points of presence and close to 200 unique networks, strengthening regional interconnection, subsea/terrestrial traffic flows, and AI infrastructure routing between Europe, the Middle East, and Asia.

Positive

• Two data centers acquired in Sofia, expanding regional footprint
• >110 unique network service providers in one highly interconnected facility
• Sofia hosts >340 POPs and ~200 unique networks, boosting connectivity reach
• PlatformDIGITAL gains dense neutral interconnection ecosystem in Southeast Europe

Negative

• Purchase price and specific financial terms not disclosed
• No company guidance provided on near‑term revenue or cost impacts

Key Figures

Network service providers: more than 110 Network points of presence: more than 340 Unique networks: close to 200

3 metrics

Network service providers more than 110 Unique network service providers at one Sofia facility

Network points of presence more than 340 Network points of presence hosted in Sofia

Unique networks close to 200 Unique networks aggregated in Sofia

Market Reality Check

Price: $177.22 Vol: Volume 1,207,082 is at 0....

low vol

$177.22 Last Close

Volume Volume 1,207,082 is at 0.55x the 20-day average of 2,194,769, indicating subdued trading activity pre-announcement. low

Technical Shares at $177.22 trade above the 200-day MA $168.28, sitting 4.1% below the 52-week high of $184.79 and 36.38% above the 52-week low of $129.95.

Peers on Argus

DLR was up 0.47% with key data/communications REIT peers also positive: EQIX +2....

DLR was up 0.47% with key data/communications REIT peers also positive: EQIX +2.77%, AMT +3.06%, CCI +3.43%, SBAC +4.03%, and IRM +0.06%, suggesting a supportive sector backdrop alongside the Bulgaria acquisition news.

Previous Acquisition Reports

1 past event · Latest: Jul 10 (Positive)

Same Type Pattern 1 events

Date	Event	Sentiment	Move	Catalyst
Jul 10	European acquisition	Positive	+1.5%	Acquisition of Slough data center campus expanding European colocation footprint.

Pattern Detected

Limited acquisition history in the sample shows a prior European data center purchase in Slough coinciding with a modest positive +1.52% one-day move.

Recent Company History

Recent news shows Digital Realty executing a consistent growth and capital-raising strategy. A 4Q25 earnings release reported strong revenue and FFO metrics, while an S-3ASR shelf and ATM program support financing for acquisitions and development. The company has been expanding its geographic footprint, including a data center purchase in Slough (Jul 10, 2024) and an agreed entry into Malaysia (Jan 19, 2026). The new Sofia acquisition extends this expansion into another strategic interconnection hub.

Historical Comparison

+1.5% avg move · In the past 18 months, DLR’s sampled acquisition news (e.g., Slough campus) produced an average one-...

acquisition

+1.5%

Average Historical Move acquisition

In the past 18 months, DLR’s sampled acquisition news (e.g., Slough campus) produced an average one-day move of +1.52%, indicating historically modest but positive reactions to expansion deals.

Acquisition activity has broadened Digital Realty’s European presence from a Slough colocation campus to additional strategic hubs, with the Sofia deal continuing the theme of connectivity-focused expansion across key regional markets.

Regulatory & Risk Context

Active S-3 Shelf

Shelf Active

Active S-3 Shelf Registration 2026-02-17

Digital Realty has an effective S-3ASR shelf filed on 2026-02-17, allowing issuance of common and preferred stock, depositary shares, warrants and debt securities over time. Shelf usage includes at least one 424B5 prospectus supplement for an at-the-market equity program, providing flexibility to fund acquisitions, development projects and general corporate purposes.

Market Pulse Summary

This announcement highlights Digital Realty’s continued strategy of expanding PlatformDIGITAL® into ...

Analysis

This announcement highlights Digital Realty’s continued strategy of expanding PlatformDIGITAL® into high-connectivity hubs, with Sofia adding more than 110 network service providers and access to a dense regional ecosystem. Historically, acquisitions such as the Slough campus produced modest positive reactions around +1.52%. Investors may focus on how this deal leverages existing Mediterranean routes, interacts with the broader European footprint, and is financed under the current shelf and ATM structures, alongside overall earnings and FFO trends.

Key Terms

carrier-neutral, data center, interconnection, network points of presence, +1 more

5 terms

carrier-neutral technical

"the world’s largest cloud- and carrier-neutral data center platform"

A carrier-neutral facility or service is one that is not owned or limited to a single telecommunications provider, allowing multiple network carriers to connect and compete within the same location. For investors, this matters because carrier-neutral assets tend to attract more customers, reduce dependency on one provider, and often support faster growth, higher occupancy and more stable revenue—think of a marketplace that welcomes any vendor rather than an exclusive shop.

data center technical

"a leading local data center and interconnection provider"

A data center is a secure facility that houses large numbers of computers, storage devices and networking gear that run, store and move digital information for businesses and online services. Investors treat data centers like modern warehouses: their occupancy, energy efficiency, connectivity and long-term service contracts drive steady revenue and capital needs, so changes in demand or costs can directly affect profitability and growth prospects.

interconnection technical

"a new market presence in Sofia, one of Southeast Europe’s most important emerging interconnection hubs"

Interconnection is the physical or contractual linking of two or more networks, systems, or infrastructures—such as power grids, telecom networks, or data centers—so they can exchange energy, data or services. For investors it matters because better interconnection can lower costs, increase reliability and open new markets, much like building bridges between islands that let people and goods move more efficiently and boost trade and value.

network points of presence technical

"The city hosts more than 340 network points of presence and close to 200 unique networks"

Network points of presence (PoPs) are physical sites where an internet or telecom provider places equipment—such as routers, switches and servers—to connect local customers to the wider network and exchange traffic with other networks. For investors they matter because the number, location and quality of PoPs determine a provider’s coverage, speed, reliability and cost to scale, similar to how a chain’s distribution hubs affect delivery speed and market reach.

ai technical

"As AI adoption accelerates across Europe and the Middle East"

Artificial intelligence (AI) is technology that enables machines to mimic human thinking and learning, allowing them to analyze information, recognize patterns, and make decisions. For investors, AI matters because it can improve how businesses operate, create new products, or identify opportunities faster and more accurately than humans alone, potentially impacting company success and market trends.

AI-generated analysis. Not financial advice.

LONDON, March 02, 2026 (GLOBE NEWSWIRE) -- Digital Realty (NYSE: DLR), the world’s largest cloud- and carrier-neutral data center platform, today announced its entry into Bulgaria, establishing a new market presence in Sofia, one of Southeast Europe’s most important emerging interconnection hubs.

Digital Realty’s entry into the market is enabled through the acquisition of Telepoint, a leading local data center and interconnection provider. The transaction includes two data centers in Sofia, including one of the most highly interconnected facilities in Southeast Europe, with more than 110 unique network service providers and multiple cloud on-ramp deployments.

“Sofia is a thriving hub for connectivity in Southeast Europe,” said Paula Cogan, Managing Director EMEA, Digital Realty. “Bringing Bulgaria into our global portfolio allows us to offer customers even more ways to connect, collaborate, and scale their businesses. This expansion strengthens and complements our interconnection platform and helps customers reach end users faster, while tapping into a market that’s growing rapidly and attracting innovation.”

Sofia is a major aggregation point for regional and international connectivity. The city hosts more than 340 network points of presence and close to 200 unique networks¹, placing it among the leading Southeast European markets for international internet bandwidth and traffic growth. These characteristics continue to attract new network, cloud, and content deployments serving Southeast Europe.

Sofia plays a central role in the Eastern Mediterranean connectivity corridor and complements Digital Realty’s presence in Athens, Heraklion, and Zagreb. New subsea cable systems landing in Greece optimize traffic flows into Southeast Europe, with Sofia acting as the primary interconnection hub for onward distribution across the region. Increasing volumes of traffic from the Middle East and Asia are routed terrestrially into Sofia, reinforcing the city’s role as one of Europe’s strategic gateways to the Middle east.

As AI adoption accelerates across Europe and the Middle East, Sofia’s strategic position along key terrestrial and subsea routes strengthens its role as a vital hub for AI infrastructure, enabling efficient data movement and supporting cross-border inference workloads.

The acquisition strengthens PlatformDIGITAL®, Digital Realty’s global data center platform, bringing a dense, neutral interconnection ecosystem to Southeast Europe and giving customers direct access to one of the region’s most established interconnection communities, with seamless connectivity across Digital Realty’s broader European and Mediterranean footprint.

About Digital Realty
Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation, and interconnection solutions. PlatformDIGITAL®, the company’s global data center platform, provides customers with a secure data meeting place and a proven Pervasive Datacenter Architecture (PDx®) solution methodology for powering innovation, from cloud and digital transformation to emerging technologies like artificial intelligence (AI), and efficiently managing Data Gravity challenges. Digital Realty gives its customers access to the connected data communities that matter to them with a global data center footprint of 300+ facilities in 55+ metros across 30+ countries on six continents. To learn more about Digital Realty, please visit digitalrealty.com or follow us on LinkedIn and X. 

For Additional Information

Media Contacts
Will Reynolds
Digital Realty
+44 7469 695775
wreynolds@digitalrealty.com

Investor Relations
Jordan Sadler / Jim Huseby
Digital Realty
+1 (214) 231-1350
InvestorRelations@digitalrealty.com

Safe Harbor Statement
This press release contains forward-looking statements which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially, including statements related to the acquisition of Telepoint, operations in Europe, customer demand and expectations for the European region, access to subsea cables, the company’s strategy, customer demand and expected benefits. For a list and description of such risks and uncertainties, see the reports and other filings by the company with the U.S. Securities and Exchange Commission. The company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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¹ https://www.peeringdb.com/ 

FAQ

What did Digital Realty (DLR) acquire in Sofia, Bulgaria on March 2, 2026?

Digital Realty acquired Telepoint, including two data centers in Sofia and one highly interconnected facility. According to Digital Realty, the deal brings a facility with more than 110 unique network service providers and multiple cloud on‑ramps into its portfolio.

How does the Telepoint acquisition affect Digital Realty’s PlatformDIGITAL® interconnection network?

The acquisition adds a dense, neutral interconnection ecosystem in Southeast Europe to PlatformDIGITAL®. According to Digital Realty, it gives customers direct access to Sofia’s established community and seamless links to the company’s Athens, Heraklion, and Zagreb sites.

Why is Sofia strategically important for Digital Realty (DLR) and regional connectivity?

Sofia is a major regional hub with >340 POPs and about 200 unique networks, serving Southeast Europe. According to Digital Realty, Sofia is central to subsea and terrestrial routes that route traffic from the Middle East and Asia into Europe.

What implications does the Sofia presence have for AI infrastructure and traffic flows?

Sofia’s position on key terrestrial and subsea routes strengthens its role for AI workloads and cross‑border inference. According to Digital Realty, the site enables efficient data movement and better routing for AI traffic across Europe and the Middle East.

Did Digital Realty disclose the financial terms or expected revenue impact of the Telepoint deal?

No, Digital Realty did not disclose the purchase price or specific financial impacts in the announcement. According to Digital Realty, the release focused on market entry, interconnection scale, and network reach rather than transaction financials.