secwatch.observer — SEC 8-K summary
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Issuer:     DIGITAL REALTY TRUST, INC. (DLR)
CIK:        0001297996
Form:       8-K
Filed at:   2024-05-07T23:59:59+00:00
Accession:  0001193125-24-133294
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1297996/000119312524133294/0001193125-24-133294-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1297996/000119312524133294/d831183d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-133294

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