Digital Realty Trust Inc at NAREIT Institutional Investor Forum Transcript

Jun 07, 2022 - Jun 08, 2022 / NTS GMT
Arthur William Stein - Digital Realty Trust, Inc. - CEO & Director

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But I think the criticality of our service offering and the efficiencies, productivity gains and, call it, future-proofing in many of our customers' business by moving to some hybrid IT type of deployment using numerous cloud providers. At the end of the day, I think it's improving their business and not necessarily in the discretionary type spend to most corporations.

Questions and Answers:

Unidentified Analyst

And the leasing backdrop, particularly for hyperscale, has been incredibly strong of late for both digital and the industry. Can you talk about the drivers and the sustainability of some of those demand trends?

Arthur William Stein - Digital Realty Trust, Inc. - CEO & Director

Well, you're right. The leasing demand has been tremendous. We've had 2 record quarters in a row here. The 2 primary drivers of demand are hyperscale and enterprise. The hyperscale providers are building out their presence,
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