Digital Realty Trust, Inc. (NYSE:DLR)’s Q2 results shows impressive numbers


Dallas, Texas 07/30/2013 (Financialstrend) – Digital Realty Trust, Inc. (NYSE:DLR) recently announced its purchase a site at De President of 5.37 acre, the company is planning to a 11.5 megawatt , 15,900 square metre data center at De President which is in Hoofddorp, Haarlemmermeer, a suburb of Amsterdam. This plan includes cooling options tailored to meet customers’ needs, each capable of supporting 1.92 megawatts of IT load with dedicated infrastructure services and six data halls. This data center construction will begin in the fourth quarter of 2013 and it is expected that in the mid-2014 two data halls will be delivered.

Digital Realty Trust announced financial results for the second quarter of 2013, where the funds from operation grew 11.9% to $1.22 from $1.09 of last year, net income was $47.1 million, or $0.37 per share increased when compared to $0.38 per share in the same period last year, purchased properties worth $39.4 million which include three-acre land site and two properties of nearly 354,000 square feet, reported sales of Series G Cumulative Redeemable Preferred Stock of 10.0 million shares of 5.875%. The company raised funds from operation range from $4.73 to $4.82 per share and narrowed to $4.74 to $4.83per share.

The share of Digital Realty Trust, Inc. (NYSE:DLR) are currently trading at $56.67, down by 1.13%. The company has recorded the intraday trading low price of $56.66 and high price of $57.92. For the last 52 weeks of trading, the low price of the stock is at $56.02 and high price of the stock is at $79.31 per share. Currently there are 128.42 million shares of the company in the market and 114% institutional ownership. The company trading at 0.751 million shares and the trading volume on an average for the company were 1.66 million shares per day. The total market cap value of the company is 7.28 billion.

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