Digital Realty reports $252M in new annualized GAAP rent; 437 MW under construction at 10.6% stabilized yield

DIGITAL REALTY TRUST, INC.

Signed $252M annualized GAAP rental bookings in Q1 2024, including $40M from 0-1 MW and $13M from interconnection.
Construction pipeline of 437 MW as of March 31, 2024; 65% pre-leased; estimated stabilized yield of 10.6%.
North America and South America construction (178 MW) estimated stabilized yield of 12.3%.
Net debt to LQA Adjusted EBITDA improved to 6.1x; pro forma for recent JV and offering would be 5.3x.
Global portfolio capacity ~2,500 MW; additional developable capacity ~3,000 MW including >1,000 MW in Northern Virginia.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.