Very Good News For REITs: The AI Immunity Trade Has Begun

REITs are rising as investors seek AI-resilient assets. The 'HALO' trade may still be in its early innings. Many REIT sectors could directly benefit from AI growth as well.

Seeking Alpha • a day ago

BlackRock's Larry Fink Says AI Is Creating a New Trillion Dollar Asset Class — And Trump's Policies May Accelerate It

Artificial intelligence has already reshaped the stock market.

24/7 Wall Street • May 9, 2026

Digital Realty Expands Talent Development Opportunities for Operations Workforce Through Partnership with DCD Academy

AUSTIN, Texas, May 06, 2026 (GLOBE NEWSWIRE) -- Digital Realty ( NYSE: DLR ), the world's largest cloud- and carrier-neutral data center platform, today announced a strategic partnership with DCD Academy to enhance talent development opportunities for its global operations workforce. New Hire Accelerate Pathways, Digital Realty's standardized onboarding program is designed to equip engineers, including those without engineering degrees, with the skills, training and career growth needed to support data center operations worldwide.

GlobeNewsWire • May 6, 2026

Digital Realty Trust: Preferred Equity Presents A More Attractive Risk-Adjusted Opportunity

Digital Realty Trust offers a robust platform in data center REITs, but its preferred stocks present a superior risk-adjusted yield for conservative investors. DLR's preferred shares (DLR.PR.J, DLR.PR.K, DLR.PR.L) yield 6.4–6.5%, trade below par, and carry investment-grade ratings, outpacing both common stock and OTC bonds. Key credit metrics include a net debt/EBITDA of 5.5x, EBITDA coverage of 6x, and a low leverage ratio of 31.62%, supporting financial stability.

Seeking Alpha • May 6, 2026

REITs: A Defensive HALO Against AI Obsolescence

REITs, as HALO assets, offer durable cash flows and physical scarcity, making them attractive defensive plays against AI-driven disruption. AI may drive obsolescence for asset-light models, but high-quality, well-located REITs should benefit from bifurcation and evolving tenant demand. Data centers, cell towers, and select industrial/healthcare REITs are beneficiaries of AI proliferation, while most other property types remain insulated or neutral.

Seeking Alpha • May 2, 2026

Digital Realty Preferreds: Strong Demand Prospects And Discount To Par

Digital Realty Trust (DLR) preferred shares, particularly Series J (DLR.PR.J) and Series L (DLR.PR.L), are rated a buy for relatively higher current income seeking investors. DLR preferreds offer a ~6.46% yield, significantly higher than the common stock's ~2.5%, with a meaningful discount to par and potential for capital appreciation if rates decline. The company's robust $1.8 billion backlog, strong demand for digital infrastructure, and stable debt maturity profile suggests the safety of preferred distributions, along with consistent payout history.

Seeking Alpha • Apr 29, 2026

Digital Realty Trust Sees 6GW Of Capacity Expansion In The Future

Digital Realty Trust, Inc. is positioned for AI-driven data center growth, with 1.2GW under construction and a $1.8B backlog supporting visibility through 2028. DLR's expansion targets large-scale hyperscaler and AI inferencing customers, but shares may already reflect much of the anticipated growth, limiting near-term upside. I am downgrading DLR to Hold with a $215 price target (21.85x eFY28 EV/aEBITDA), citing premium valuation and a stagnant $4.88/share distribution since 2022.

Seeking Alpha • Apr 27, 2026

DLR Q1 Earnings Beat on Leasing Momentum and AI Demand, View Raised

DLR beats Q1 estimates as leasing strength, record backlog and strong demand drive growth, prompting a higher 2026 outlook.

Zacks Investment Research • Apr 24, 2026

Digital Realty Trust: Structural AI Demand Meets Excellent Execution - Potential Momentum Reversal

DLR's beneficiary status has been observed in the growing backlog by +95.8% YoY and the higher rental rates, with it underscoring their likely to be robust, multi-year, profitable growth trends. Thanks to the ongoing capacity expansions and accretive M&A activities, it is unsurprising that the management has raised their FY2026 guidance and the stock well buoyed since December 2025 bottom. The rally has consequently triggered DLR's somewhat premium Price/FFO of 25.27x and a moderating forward dividend yield, along with the notably overbought technical indicators.

Seeking Alpha • Apr 24, 2026

Digital Realty Trust, Inc. (DLR) Q1 2026 Earnings Call Transcript

Digital Realty Trust, Inc. (DLR) Q1 2026 Earnings Call Transcript

Seeking Alpha • Apr 24, 2026