Digital Realty Trust(US:DLR)2024-10-25 01:37Financial Highlights - Record leasing and backlog reached $521 million[1] and $859 million[1] respectively - Total bookings amounted to $520.9 million[8], with >1 MW bookings contributing $449.7 million, representing 86% of total bookings[8] - Strong pricing environment with renewal spreads of 15.2% cash and 27.5% GAAP[14], driven by >1MW - Signed renewals representing $258 million of annualized rental revenue[14] Operational Performance - Added a record 149 new logos in 3Q24[3] - Record 3Q bookings from 0-1MW + Interconnection reached $66 million[3] - Record 3Q bookings in the 0-500kW tranche reached $40 million[3] - Increased development pipeline by approximately 50% QoQ[1] Sustainability Initiatives - Contracted 1.4 GW of renewable capacity[4] - Issued €850 million in green bonds in September 2024[4] - Refinanced and upsized sustainability-linked credit facility to $4.5 billion[5] Global Capacity - Total buildable IT capacity exceeds 3,000 MW[2] - IT capacity under construction is 644 MW[2] - Delivered 36 MW in 3Q and started 244 MW of new projects in 3Q[2] - In-place IT capacity is approximately 2,700 MW[2]