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Digital Realty
OrganisationUS

Digital Realty

US-based global data centre REIT operating over 300 facilities across 50 metros worldwide.

Last refreshed: 26 April 2026 · Appears in 1 active topic

Key Question

How is Digital Realty navigating grid connection constraints across its European campuses?

Common Questions
What does Digital Realty do?
Digital Realty owns and operates over 300 data centres across 50 global metro markets, providing colocation and interconnection services under the PlatformDIGITAL brand to hyperscalers, enterprises, and cloud providers.Source: Digital Realty
Is Digital Realty affected by the Irish data centre rules?
Digital Realty operates campuses in Dublin. New expansions there are subject to CRU2025236, which requires new grid-connected data centres to source 80% of their annual electricity demand from additional Irish-sited renewables within six years.Source: Lowdown data-centres briefing
How big is Digital Realty's data centre portfolio?
Digital Realty operates more than 300 facilities across over 50 metropolitan areas worldwide, making it one of the largest colocation real estate investment trusts by facility count and floor area.Source: Digital Realty

Background

Digital Realty is one of the world's largest data centre landlords, with a portfolio of more than 300 facilities across more than 50 metro areas globally. As a listed real estate investment trust, it provides colocation and interconnection services to hyperscalers, enterprises, and cloud providers, giving it exposure to both the AI infrastructure buildout and the enterprise migration to cloud.

The company operates under the brand PlatformDIGITAL, which positions its global campus network as an interconnected data exchange fabric rather than a traditional colocation offering. Digital Realty has significant European exposure, including campuses in Dublin, Frankfurt, London, Amsterdam, and Madrid, placing it directly in the line of Ireland's CRU renewables rules and Spain's emerging planning litigation. Its Dublin presence makes it a peer-comparator for Pure DC's microgrid approach to bypassing grid constraints.

Digital Realty's listed status gives it a more constrained capital structure than private-equity-backed peers like QTS/Blackstone, but its scale and interconnection density are hard to replicate. The company has faced investor questions about power availability as its European grid connections come under regulatory pressure.

Source Material