What is Digital Realty REIT?

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.

What kind 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.

Digital Realty.

Type Public company
Industry Real estate investment trust
Founded 2004
Headquarters Austin, Texas, US

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 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.

Who founded Digital Realty?

The company provides Turn-Key Datacenters and custom data center solutions for domestic and international customers. 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.

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How many employees 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.

How many customers does Digital Realty have?

Why do they select Digital Realty? 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.

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.

Is digital real estate worth it?

Tremendous Income Potential

Digital real estate can provide tremendous returns for investors. Similar to other types of investing, digital real estate offers compounding returns that can multiply in a hurry. Websites can sell for tens of millions of dollars, making it a great opportunity for many.

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.

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