Seeking Alpha

Digital Realty provides Q4 leasing activity; updates 2014 guidance

  • The company signed new leases totaling more than $50M of annualized GAAP rent during Q4, bringing the YTD total to more than $160M - both records for the company.
  • 2014 FFO per share guidance is for $4.75-$4.90, with assumptions today largely unchanged from the company's preliminary 2014 outlook released at the end of October - it was then the company guided to FFO growth in the mid-single digits starting from a base of $4.60.
  • Press release
  • DLR +1.6% AH
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