Digital Realty

Digital Realty Trust stands as a pioneering force in the global data center industry, providing mission-critical digital infrastructure that powers the world's leading enterprises, cloud providers, and technology companies. Founded in 2004 and headquartered in Austin, Texas, the company has built an impressive portfolio spanning more than 300 data centers across 50+ metros in 25+ countries on six continents, comprising approximately 41 million square feet of operational space. With a market capitalization exceeding $55 billion and serving over 5,000 customers, Digital Realty has established itself as the world's largest provider of cloud- and carrier-neutral data center solutions, including colocation, interconnection, and managed services.

The company's journey from a modest beginning with 21 data centers in 2004 to its current global dominance reflects both strategic vision and execution excellence. Digital Realty went public on November 4, 2004, with an initial public offering that raised approximately $257 million. Since then, the company has pursued an aggressive growth strategy anchored in strategic acquisitions, including the transformative $7.6 billion DuPont Fabros Technology acquisition in 2017 and the landmark $8.4 billion Interxion acquisition in 2020, which dramatically expanded its European presence. These bold moves have positioned Digital Realty as a true global platform capable of serving the most demanding enterprise and cloud customers wherever they need to deploy digital infrastructure.

At the heart of Digital Realty's value proposition is PlatformDIGITAL, the company's comprehensive global data center platform that delivers scalable colocation, secure interconnection, and advanced connectivity solutions. This integrated approach helps customers deploy faster, reduce risk, and transform their infrastructure into a competitive advantage. The platform provides a secure data "meeting place" where companies can connect to an expansive ecosystem of cloud providers, network carriers, and technology partners through low-latency, high-speed interconnections. In 2024, Digital Realty achieved record total leasing of $1 billion, with particularly strong performance in the 0-1 megawatt category and interconnection services, reflecting the growing demand for edge computing and hybrid cloud architectures.

Digital Realty's financial performance demonstrates the strength of its business model and market position. In 2024, the company generated $5.55 billion in revenue, an increase from $5.47 billion in 2023, while maintaining disciplined capital allocation and a strong balance sheet. The company reported Adjusted EBITDA of $751 million in Q4 2024 alone, representing a 7% increase year-over-year. Looking ahead to 2025, Digital Realty expects total revenue and Adjusted EBITDA growth of more than 10% on a normalized and constant currency basis, driven by accelerating demand for AI and high-density computing workloads. The company's investment pipeline includes 9.1 million square feet of space under construction, positioning it to capitalize on the secular growth trends driving digital transformation.

Beyond financial metrics, Digital Realty has demonstrated leadership in sustainability and corporate responsibility. The company's 2024 Impact Report highlights significant progress toward its environmental goals, including reaching 1.5 gigawatts of renewable energy capacity under contract and matching 185 data centers with 100% renewable energy. Digital Realty achieved 75% renewable energy of its global electricity needs in 2024, a 9% increase from the prior year, and deployed HVO 100 (renewable diesel) across 30 global sites. This commitment to sustainability, combined with a diverse and inclusive workplace culture where 84% of employees would recommend working there, reflects Digital Realty's holistic approach to value creation for all stakeholders. As the digital economy continues to expand and AI-driven workloads surge, Digital Realty's global platform, operational expertise, and commitment to innovation position it as an indispensable partner for enterprises navigating their digital transformation journeys.