Digital Realty (DLR) Up 11% Year to Date: Will the Trend Last?
DLRDigital Realty Trust(DLR) ZACKS·2024-08-20 01:46

Shares of Digital Realty (DLR) have soared 11.4% in the year-to-date period compared with the industry’s growth of 2.4%.The rising demand for high-performing data centers amid enterprises’ growing reliance on technology and acceleration in digital transformation strategies has been one of the key forces driving the performance of data center real estate investment trusts (REITs) like Digital Realty.A solid tenant base assures stable revenues. It also carries out various development and redevelopment activit ...