Digital Realty reports 4Q16 results; new interconnection platform expansion disclosed

  • February 23, 2017
  • Author: Jabez Tan

Digital Realty Trust (DRT) reported its 4Q16 results, which showed top-line growth drop from 20%+ y/y to the mid-teens as DRT fully digests the full year financial impact of the Telx acquisition while also taking into account the revenue contribution from the Telecity assets in Europe. Leasing activity during the quarter dropped back down to normal levels after a strong 3Q16 with 12 MW in leases signed during the quarter.

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