Digital Realty raises guidance after record leasing driven by AI
BROBROK News · Based on reporting by DiarioBitcoin ·
Digital Realty raised its full-year core FFO outlook after posting its strongest quarterly leasing volume, supported by demand for AI infrastructure. The company also reported a record backlog, though its $22 billion buildout still faces execution risk.
Key points
- Signed $855 million in annualized rent in Q3, 20% above its previous high.
- Full-year core FFO guidance increased to $8.30-$8.35 per share.
- Backlog reached a record $2.5 billion, with revenue visibility into 2027 and 2028.
- The company is building 1.5 GW of capacity at an estimated cost of $22 billion.
- Leasing activity included hyperscalers, colocation and interconnection deals.
Why it matters
The report highlights sustained demand for data center infrastructure as AI workloads expand. It also shows that future growth will depend on how smoothly Digital Realty can deliver new capacity and convert backlog into revenue.
Original headline: “Digital Realty eleva su previsión tras récord de alquileres en medio de la demanda de IA”
Read the original on DiarioBitcoin
Summary and analysis written by BROBROK News from the original report. Read the full story on the source website. Not investment advice.