Digital Realty (DLR) Opens First Barcelona Data Center

Digital Realty Trust, Inc. (NYSE:DLR) is one of the 10 Best Performing Data Center Stocks So Far in 2026.

On May 18, 2026, Digital Realty Trust, Inc. (NYSE:DLR) announced the opening of BCN1, its first data center in Barcelona. Located in the Sant Adria de Besos innovation district, the facility is expected to provide up to 14 MW of planned capacity and was designed to support connectivity across a broad range of network providers. The company said the site is strategically positioned near major global connectivity routes.

On May 14, 2026, Truist raised the firm’s price target on Digital Realty Trust, Inc. (NYSE:DLR) to $208 from $207 and maintained a Buy rating on the shares following the company’s Q1 results. The firm said Digital Realty continues to benefit from several long-term industry tailwinds, including AI infrastructure demand, cloud adoption, and digital transformation spending, while also operating in an environment marked by historically low vacancy rates and ongoing power and grid constraints in key markets.

Digital Realty (DLR) Opens First Barcelona Data Center

Last month, Digital Realty Trust, Inc. (NYSE:DLR) reported Q1 core FFO of $2.04 per share, versus the consensus estimate of $1.94. Revenue totaled $1.635B, versus the consensus estimate of $1.6B. CEO Andy Power said the company saw further acceleration in data center demand during the quarter, supported by record leasing activity for interconnection deployments above one megawatt and the largest hyperscale lease in the company’s history. Management added that Digital Realty is continuing to expand hyperscale AI-focused capacity in the U.S., grow its connectivity-focused portfolio across global markets, and broaden its capital base to support future growth initiatives.

Digital Realty Trust, Inc. (NYSE:DLR) owns, develops, and operates data centers through its operating partnership subsidiary, Digital Realty Trust, L.P.

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