Digital Realty owns the physical real estate and leases it to Equinix, which operates the data centers.
What does Digital Realty Trust own?
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. … PlatformDIGITAL is its platform for centers of data exchange, interconnection, and colocation solutions.
What type of company is Digital Realty?
Digital Realty Trust, Inc. is a real estate investment trust that invests in carrier-neutral data centers and provides colocation and peering services.
|Industry||Real estate investment trust|
|Headquarters||Austin, Texas, US|
Is Digital Realty a good company?
Digital Realty is a good company and they compensate their employees well. I work well with the people and the customers.
Is Digital Realty a REIT?
Digital Core REIT (SGX: DCRU) is a leading pure-play data centre REIT listed in Singapore and sponsored by Digital Realty, the largest global data centre owner and operator.
Who uses Digital Realty?
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.
How does Digital Realty 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.
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.
Where is Digital Realty headquartered?
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.
Is Digital Realty publicly traded?
Digital Realty common stock is listed on the New York Stock Exchange under the trading symbol DLR.
Is DLR a buy?
Out of 8 analysts, 5 (62.5%) are recommending DLR as a Strong Buy, 1 (12.5%) are recommending DLR as a Buy, 2 (25%) are recommending DLR as a Hold, 0 (0%) are recommending DLR as a Sell, and 0 (0%) are recommending DLR as a Strong Sell. What is DLR’s earnings growth forecast for 2021-2023?