How does Digital Realty Trust make money?

The REIT makes most of its money providing space and power to tenants that lease secure areas in its data centers to house servers as well as storage and networking equipment. In 2020, 71% of Digital Realty’s revenue was rental revenue from leasing space in its data centers to tenants.

How do REIT owners make money?

REITs make money from the properties they purchase by renting, leasing or selling them. The shareholders choose a board of directors, who are the ones responsible for choosing the investments and for hiring a team to manage them on a daily basis.

What does Digital Realty Trust do?

Digital Realty supports the data center, colocation and interconnection strategies of customers across the world, ranging from cloud and information technology services, communications and social networking, to financial services, manufacturing, energy, healthcare and consumer products.

What kind of company is Digital Realty Trust?

Digital Realty Trust Inc. is a real estate investment trust (REIT). The Company is engaged in the business of owning, acquiring, developing and operating data centers.

Is Digital Realty Trust a REIT?

Digital Realty Trust (NYSE: DLR) has an exceptional track record of creating shareholder value. Since its initial public offering in late 2004, the data center real estate investment trust (REIT) has generated a roughly 2,400% total return, absolutely crushing the S&P 500’s nearly 440% total return during that period.

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Can you lose money in a REIT?

Real estate investment trusts (REITs) are popular investment vehicles that pay dividends to investors. … Publicly traded REITs have the risk of losing value as interest rates rise, which typically sends investment capital into bonds.

Do REITs pay dividends?

REIT shares trade on the open market, so they are easy to buy and sell. The common denominator among all REITs is that they pay dividends consisting of rental income and capital gains. To qualify as securities, REITs must payout at least 90% of their net earnings to shareholders as dividends.

Who are Digital Realty customers?

Digital Realty Trust clients include, but are not limited to, AT&T (owns CNN and HBO to name a few), Rackspace, IBM, Adobe, and many national banks. The reality is that Digital Realty Trust has significant exposure to critical levers in the digital economy, which is forecasted for growth in the coming three years.

Who founded Digital Realty?

across 30 markets throughout Europe, North America, Asia, and Australia. It was founded in 2004 by Rick Magnuson and is headquartered in San Francisco, C.A.

How many employees does Digital Realty have?

With over 2300 customers, the markets they serve, and the size of their businesses vary considerably. We do see an emphasis in key verticals such as Healthcare, Finance, and of course Gaming, IoT, and AI technologies.

Where is Digital Realty Trust headquarters?

Digital Realty

Type Public company
Headquarters Austin, Texas, US
Key people Laurence A. Chapman, Chairman A. William Stein, CEO Andrew P. Power, CFO
Products Data centers
Revenue $3.209 billion (2019)
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When did Digital Realty Trust go public?

Now headquartered in Austin, Texas, Digital Realty went public back in 2004 and has been expanding its empire over the years, making a number of small and big acquisitions. Most recently of note was the $8.4-billion purchase of European data centre company Interxion.

When did Digital Realty become a REIT?

Digital Realty began the trend for datas center REITs back in 2004 (and is now one of the top ten of all REITs, with Digital CEO Bill Stein chairing the trade body Nareit).. Equinix converted into a REIT in 2015, Iron Mountain in 2014. CoreSite, and CyrusOne are all also publicly listed REITs in the US.

How many data centers does Digital Realty have?

Now you choose from a variety of colocation, scale and interconnection solutions to meet your specific needs across our unparalleled global footprint, and count on a quality and consistent customer experience driven by our operations excellence across our 155 data centers in North America.