Digital Realty Gains 17.6% Year to Date: Will the Trend Last?
Digital Realty Trust(DLR) ZACKS·2024-09-20 03:00
Shares of Digital Realty (DLR) have soared 17.6% in the year-to-date period compared with the industry's growth of 9.9%. 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 activ ...