DIGITAL REALTY TRUST, INC.
For the period ended Jul 23, 2026. Filed Jul 23, 2026.
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Jul 23, 2026 · Filed Jul 23, 2026
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DLR$174.20-0.3%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · Development Lifecycle
| Development Lifecycle (1) | Financial Supplement | |
|---|---|---|
| Dollars in Thousands | Second Quarter 2026 |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| · · Future Development Capacity · · Data Center Construction | |||||||||||||||||||||||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| · · IT Capacity (100% Share) (2) · · Total Investment (3) · · Project Summary (4) · · 100% Share (4) · · DLR Share (5) | |||||||||||||||||||||||||||||||||||||
| · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · | |||||||||||||||||||||||||||||||||||||
| · · · · · · · · · · Under · · · · Average · · Current · · Future · · Total · · Current · · Future · · Total · · · | |||||||||||||||||||||||||||||||||||||
| · · · · · · 100% Share · · DLR Share · · Construction · · · · Expected · · Investment · · Investment · · Investment · · Investment · · Investment · · Investment · · · Yields | |||||||||||||||||||||||||||||||||||||
| Region | | Land (MW) | | Shell (MW) | | | (4) (10) | (5) (11) | | (MW) | | % Leased | | Completion | | | (6) | | | (7) | | | (8) | | (6) | | (7) | | | (8) | | | (9) | ||||
| Northern Virginia | | 780 | 30 | | | $1,785,120 | | | $1,590,669 | 422 | 56% | 3Q27 | | | $1,731,109 | | | $3,654,947 | | | $5,386,056 | | | $1,392,496 | | | $2,334,714 | | | $3,727,211 | | | | ||||
| Charlotte | | 200 | — | | | 392,436 | | | 392,436 | 212 | 94% | 2Q28 | | | 294,694 | | | 3,076,840 | | | 3,371,534 | | | 177,269 | | | 1,847,784 | | | 2,025,053 | | | | ||||
| Atlanta | | 1,080 | — | | | 616,762 | | | 616,762 | 192 | — | 1Q29 | | | 297,128 | | | 2,934,645 | | | 3,231,773 | | | 141,136 | | | 1,393,956 | | | 1,535,092 | | | | ||||
| Other | | 3,360 | 150 | | | 2,106,477 | | | 1,630,465 | 314 | 85% | 2Q27 | | | 1,198,324 | | | 2,885,540 | | | 4,083,864 | | | 979,514 | | | 1,913,797 | | | 2,893,311 | | | | ||||
| Americas | 5,420 | 180 | | | $4,900,795 | | | $4,230,332 | 1,140 | 62% | | | | $3,521,255 | | | $12,551,971 | | | $16,073,227 | | | $2,690,415 | | | $7,490,252 | | | $10,180,667 | | | 11.8% | |||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Marseille | — | 30 | | | $220,431 | | | $220,431 | 36 | — | 2Q28 | | | $145,943 | | | $476,457 | | | $622,400 | | | $145,943 | | | $476,457 | | | $622,400 | | | | |||||
| Frankfurt | 90 | 60 | | | 1,155,462 | | | 934,817 | 26 | 16% | 1Q27 | | | 381,558 | | | 214,562 | | | 596,120 | | | 381,558 | | | 214,562 | | | 596,120 | | | | |||||
| Zurich | — | — | | | — | | | — | 15 | — | 3Q28 | | | 48,167 | | | 347,552 | | | 395,719 | | | 48,167 | | | 347,552 | | | 395,719 | | | | |||||
| Other | 810 | 150 | | | 1,446,137 | | | 1,225,549 | 106 | 17% | 2Q27 | | | 660,294 | | | 941,647 | | | 1,601,941 | | | 588,347 | | | 678,466 | | | 1,266,813 | | | | |||||
| EMEA | 900 | 240 | | | $2,822,030 | | | $2,380,797 | 183 | 12% | | | | $1,235,963 | | | $1,980,218 | | | $3,216,181 | | | $1,164,016 | | | $1,717,037 | | | $2,881,053 | | | 10.4% | |||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Tokyo | 30 | — | | | $32,768 | | | $16,384 | 34 | 84% | 1Q27 | | | $242,585 | | | $130,200 | | | $372,785 | | | $121,292 | | | $65,100 | | | $186,392 | | | | |||||
| Seoul | — | 50 | | | 365,342 | | | 365,342 | 12 | — | 4Q27 | | | 29,943 | | | 114,259 | | | 144,202 | | | 29,943 | | | 114,259 | | | 144,202 | | | | |||||
| Osaka | 20 | 10 | | | 200,741 | | | 100,370 | 18 | 50% | 4Q27 | | | 79,995 | | | 152,324 | | | 232,319 | | | 39,998 | | | 76,162 | | | 116,160 | | | | |||||
| Other | 190 | 70 | | | 388,809 | | | 255,590 | 16 | — | 1Q28 | | | 52,183 | | | 88,745 | | | 140,928 | | | 40,546 | | | 63,409 | | | 103,955 | | | | |||||
| APAC | 240 | 130 | | | $987,660 | | | $737,686 | 80 | 47% | | | | $404,706 | | | $485,527 | | | $890,233 | | | $231,779 | | | $318,930 | | | $550,709 | | | 11.2% | |||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Total | 6,560 | 550 | | | $8,710,485 | | | $7,348,816 | 1,402 | 54% | | | | | $5,161,924 | | | $15,017,717 | | | $20,179,641 | | | $4,086,209 | | | $9,526,219 | | | $13,612,428 | | | 11.5% | ||||
| (1) | Includes development projects in consolidated and unconsolidated entities. |
| (2) | Represents the expected megawatt capacity to be developed based on our current plans and estimates; actual megawatt capacity developed may differ. Includes land and capacity held or actively under construction in preparation for future data center fit-out. |
| (3) | Represents cost incurred through June 30, 2026, plus remaining cost to complete on approved phases in preparation for future data center fit-out, including pro-rata share of acquisition, shell and infrastructure costs. |
| (4) | Includes Digital Realty's and partners' shares in development joint ventures projects. |
| (5) | Includes only Digital Realty's share in development joint ventures projects. |
| (6) | Represents cost incurred through June 30, 2026. Excludes $2.3 billion related to the impact of purchase accounting on the acquisition of three joint venture development projects in Northern Virginia acquired on June 30, 2026. |
| (7) | Represents estimated cost to complete scope of work pursuant to approved development budget. |
| (8) | Represents total cost to develop a data center, including pro-rata share of acquisition, shell and infrastructure costs, plus the direct investment in the data center fit-out. |
| (9) | Represents pre-tax estimated stabilized cash yields, which are based on total expected investment amounts and anticipated net operating income from leases signed or other assumptions based on market conditions. |
| (10) | Includes $4.2 billion of current investment. |
| (11) | Includes $3.7 billion of current investment. |
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