secwatch.observer — SEC 8-K summary
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Issuer:     DIGITAL REALTY TRUST, INC. (DLR)
CIK:        0001297996
Form:       8-K
Filed at:   2023-07-27T23:59:59+00:00
Accession:  0001558370-23-012400
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Digital Realty Q2 bookings $113.8M; lowers Core FFO guidance to $6.55-6.65; raises NOI growth view
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- Q2 total bookings of $113.8M annualized GAAP base rent; record interconnection revenue of $49M from 133 new logos.
- Core FFO per share guidance cut to $6.55-$6.65 from $6.65-$6.75; revenue and EBITDA guidance unchanged.
- Same-capital cash NOI growth guidance raised to 4-5% from 3-4%; renewal spreads strengthened with >1 MW GAAP up 29.9%.
- Completed $2.2B in dispositions/JVs YTD; raised total guide to $2.2-$3.0B; pro forma net debt/EBITDA improved to 6.3x.
- Closed two hyperscale JVs (Chicago 67 MW, NoVA 104 MW) generating ~$2B proceeds; DLR retains minority stakes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1297996/000155837023012400/0001558370-23-012400-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1297996/000155837023012400/dlr-20230727x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-012400

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