Profile: Digital Realty Trust Inc (DLR)
29 Jul 2016
Digital Realty Trust, Inc., incorporated on March 9, 2004, is a real estate investment trust (REIT). The Company owns, acquires, develops and manages technology-related real estate. The Company is focused on providing data center and colocation solutions for domestic and international tenants across a range of industry verticals, ranging from financial services, cloud and information technology services, to manufacturing, energy, healthcare and consumer products. The Company's portfolio consists of approximately 140 operating properties, including over eight Telx properties (of which approximately two properties are owned and over six properties are leased from third parties) and over 10 properties held as investments in unconsolidated joint ventures. Its approximately 110 properties are located throughout North America, over 20 are located in Europe, approximately three are located in Australia and over three are located in Asia. The Company owns over 98.1% common general partnership interest in Digital Realty Trust, L.P.
The Company is diversified in various metropolitan areas, where corporate data center and technology tenants are concentrated, including the Atlanta, Boston, Chicago, Dallas, Los Angeles, New York, Northern Virginia, Phoenix, San Francisco, Seattle and Silicon Valley metropolitan areas in the United States, the Amsterdam, Dublin, Frankfurt (land only), London and Paris metropolitan areas in Europe and the Singapore, Sydney, Melbourne, Hong Kong and Osaka (land only) metropolitan areas in the Asia Pacific region. The portfolio consists of Internet gateway and corporate data center properties, technology manufacturing properties and technology office properties. The Company's properties contain approximately 25.6 million rentable square feet. The Company's types of properties within its portfolio include corporate data centers; Internet gateway data centers, which serve as hubs for Internet and data communications within and between metropolitan areas, and office and other non-data center space. Its data centers are used for digital communication, disaster recovery purposes, transaction processing and housing corporate information technology (IT) operations.
The Company competes with CoreSite Realty Corporation, CyrusOne Inc., DuPont Fabros Technology, Inc., Equinix, Inc., QTS Realty Trust, Inc. and Global Switch Holdings Limited.
Digital Realty Trust Inc
4 Embarcadero Ctr Ste 3200
SAN FRANCISCO CA 94111-4188
Company Web Links
- BRIEF-Digital realty Q2 core FFO per share $1.42
- BRIEF-Digital Realty prices common stock offering at $96.00 per share
- BRIEF-Digital Realty says offering 11.5 million common shares
- BRIEF-Digital Realty to buy eight European data centers from Equinix for $874 mln
- BRIEF-Digital Realty Q1 FFO per share $1.39