Digital Realty Trust, Inc. (DLR) NAREIT REITweek 2025 (Transcript)

Company Overview - Digital Realty supports 5,000 customers across 50 metropolitan areas on 6 continents with data center and connectivity infrastructure [3] - The company is the largest global provider with over 300 data centers operating close to 3 gigawatts of capacity, with an additional nearly 4 gigawatts of growth or underdevelopment capacity [3] Investment Rationale - Digital Realty is positioned to benefit from three secular tailwinds of demand: digital transformation, cloud computing, and artificial intelligence [3] - The company has been a public entity for 20 years and has a long-standing presence in the data center industry, predating the current focus on GPUs and AI [3]