Valued at a market cap of $56.1 billion, Digital Realty Trust, Inc. (DLR) operates as a real estate investment trust (REIT) that owns, acquires, develops, and operates data centers. Headquartered in Austin, Texas, the company delivers the full spectrum of data center, colocation, and interconnection solutions across over 25 countries on six continents.
Shares of the REIT have notably outperformed the broader market over the past 52 weeks. DLR has risen 16% over this time frame, while the broader S&P 500 Index ($SPX) has gained 8.6%. However, shares of DLR are down 6.1% on a YTD basis, compared to SPX’s 3.8% dip.
