Welcome to our dedicated page for Digital Rlty Tr news (Ticker: DLR), a resource for investors and traders seeking the latest updates and insights on Digital Rlty Tr stock.
Digital Realty Trust, Inc. (NYSE: DLR) is a global, cloud- and carrier-neutral data center REIT, and the DLR news page on Stock Titan aggregates company-specific developments that shape its business and capital markets profile. Digital Realty’s press releases and SEC reports highlight its role in data center, colocation, and interconnection services delivered through its PlatformDIGITAL® global data center platform.
News for Digital Realty frequently covers earnings announcements and financial updates. The company issues quarterly results via press releases and Form 8-K filings, discussing metrics such as revenue, net income, Funds From Operations (FFO), Core FFO, leasing activity, and backlog of signed-but-not-commenced leases. These updates provide insight into demand for Digital Realty’s data center capacity, renewal rental rates, and portfolio management, including property acquisitions and dispositions.
Investors following DLR can also expect capital markets and balance sheet news. Recent items include the pricing and issuance of Euro-denominated Guaranteed Notes due 2033 and 2037 through Digital Euro Finco, LLC, as well as the planned redemption of 2.500% Guaranteed Notes due 2026. Related disclosures explain how net proceeds are intended to be allocated under Digital Realty’s Green Bond Framework and how the company manages its revolving credit facilities and debt maturities.
Digital Realty’s news flow also features dividend declarations on its common and preferred stock, board and governance updates such as the appointment of new independent directors, and strategic partnerships with technology and infrastructure companies. Examples include collaborations with NVIDIA on AI infrastructure at a Northern Virginia campus, a supply capacity agreement with Schneider Electric for power and switchgear equipment, and a strategic collaboration with Dell Technologies and DXC to support private AI deployments on PlatformDIGITAL®.
By reviewing the DLR news page regularly, readers can monitor how Digital Realty’s global data center footprint, AI-related initiatives, financing activities, and governance decisions evolve over time and influence the company’s position in the data center and digital infrastructure sector.
Digital Realty (NYSE: DLR) has announced a strategic partnership with OVHcloud to integrate the European cloud provider into its ServiceFabric™ platform. The collaboration will provide enterprises with secure, high-performance cloud solutions featuring private connectivity across private, hybrid, and public cloud environments. The integration enables direct access to OVHcloud's bare metal offerings and cloud solutions through Digital Realty's global network of 300+ data centers, bypassing public internet for enhanced security and performance. The service is immediately available for enterprises, with connectivity possible from 150+ Digital Realty locations worldwide.
Digital Realty (NYSE: DLR) has announced that its subsidiary Teraco has begun construction of a 120-megawatt utility-scale solar photovoltaic power plant in South Africa. This groundbreaking initiative marks the first instance of a global data center company owning a power plant. The facility is scheduled to start generating power in late 2026, with an output capacity equivalent to powering 110,000 South African households annually.
The project strengthens Digital Realty's commitment to sustainability, with over 150 of its data centers already operating on 100% renewable electricity. Combined with existing agreements, the company will have more than 1.5 gigawatts of contracted solar and wind capacity, reinforcing its position as a leader in sustainable data center solutions.
Digital Realty Trust announced that its subsidiary has priced a $1 billion offering of 1.875% exchangeable senior notes due 2029. The notes will be issued to qualified institutional buyers with an initial exchange rate of 4.7998 shares of Digital Realty's common stock per $1,000 principal amount, representing an exchange price of $208.34 per share. The company expects net proceeds of approximately $979.3 million, which will be used to temporarily repay borrowings, acquire properties, fund development, and for general corporate purposes.
Digital Realty Trust (NYSE: DLR) announced that its subsidiary, Digital Realty Trust, L.P., plans to offer $1 billion in exchangeable senior notes due 2029, with an additional $150 million option for initial purchasers. The notes will be senior, unsecured obligations with semi-annual interest payments, maturing on November 15, 2029. They will be redeemable after November 22, 2027, if certain conditions are met. The proceeds will be used to temporarily repay revolving credit facilities, acquire properties, fund development, and for general corporate purposes.
Digital Realty (NYSE: DLR) has declared quarterly cash dividends for Q4 2024. The company will pay $1.22 per share to common stockholders of record as of December 13, 2024, with payment on January 17, 2025. Additionally, preferred stock dividends were declared: Series J (5.250%) at $0.328125 per share, Series K (5.850%) at $0.365625 per share, and Series L (5.200%) at $0.325000 per share. All preferred stock dividends will be paid on December 31, 2024, to holders of record as of December 13, 2024.
Digital Realty (NYSE: DLR) reported Q3 2024 financial results with revenues of $1.4 billion, up 5% quarter-over-quarter and 2% year-over-year. Net income available to stockholders was $41 million ($0.09 per share), compared to $2.31 per share in Q3 2023. Core FFO per share increased to $1.67 from $1.62 year-over-year.
The company achieved record leasing with $521 million in new bookings and reported a backlog of $859 million in annualized GAAP base rent. Rental rates on renewal leases increased by 15.2% on a cash basis. Digital Realty raised its 2024 Core FFO guidance to $6.65-$6.75 per share.
Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation, and interconnection solutions, has announced its schedule for the release of third quarter 2024 financial results. The company will disclose its earnings after the market closes on Thursday, October 24, 2024, followed by a conference call at 5:00 p.m. ET / 4:00 p.m. CT on the same day.
Investors can participate in the live call by dialing +1 (888) 317-6003 (domestic) or +1 (412) 317-6061 (international) with the conference ID #0345410. A live webcast will be available on Digital Realty's Investors website. Telephone and webcast replays will be accessible until November 24, 2024, with the telephone replay available at +1 (877) 344-7529 (domestic) or +1 (412) 317-0088 (international) using conference ID #4823548.
Digital Realty (NYSE: DLR) has refinanced and upsized its revolving credit facilities to $4.5 billion. The company extended and increased its global revolving credit facility from $3.75 billion to $4.2 billion, maturing in January 2029 with two six-month extension options. Additionally, Digital Realty upsized its Japanese yen-denominated facility to ¥42.511 billion (approximately $297 million) with the same maturity and extension options.
Both facilities feature a sustainability-linked pricing component and offer the ability to increase further. The global facility can be expanded by up to $1.8 billion, while the Japanese facility can be increased by up to ¥60 billion (approximately $418 million). The refinancing was well oversubscribed, demonstrating strong support from the global lending community and providing Digital Realty with increased financial flexibility for prudent investment in its global portfolio growth.
Digital Realty (NYSE: DLR) announced the pricing of €850.0 million aggregate principal amount of 3.875% Guaranteed Notes due 2033 through its subsidiary Digital Dutch Finco B.V. The notes, priced at 99.843% of the principal amount, will be senior unsecured obligations fully guaranteed by Digital Realty and its operating partnership. Interest will be payable annually at 3.875% per annum, with maturity on September 13, 2033.
The company plans to allocate the net proceeds to finance or refinance various green projects, including renewable energy, energy efficiency, and sustainable management initiatives. Pending allocation, funds may be used to repay credit facility borrowings, acquire properties, fund development, or for general corporate purposes.
Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center solutions, has appointed Jules Johnston as Senior Vice President of Global Channels. This strategic move aims to enhance Digital Realty's partner ecosystem and strengthen its customer value proposition. Johnston, with over 30 years of experience in global channel programs, will focus on establishing a scalable channel model that integrates Digital Realty's offerings into partners' business models worldwide.
The company is committed to deepening relationships with top-tier partners, including network service providers, global systems integrators, technology advisors, and value-added resellers. Johnston's primary goal is to help partners derive greater value and growth through PlatformDIGITAL®, Digital Realty's global data center platform. This initiative aims to provide more choice in location, capacity, and data center services, particularly for enterprise customers navigating digital transformation and AI implementation.