Andy Power, president and CEO at Digital Realty (NYSE: DLR), sat down for a video interview during Nareit’s REITworld: 2025 Annual Conference in Dallas on December 8-11.
Power emphasized that power availability is the defining constraint and opportunity shaping Digital Realty’s growth. The company has more than five gigawatts of development runway, enabling it to support accelerating demand from artificial intelligence, cloud computing, and broader digital transformation. At the same time, sustainability remains a core priority, with nearly 90% of the company’s three-gigawatt operating portfolio expected to be green by year-end, he said.
Demand is being driven by enterprise customers adopting multi-hybrid and private cloud strategies while advancing private AI use cases. Power noted that investments made over the past decade in hyperscale and cloud availability zones are now paying off, as AI training and inference workloads increasingly land in Digital Realty’s core global markets.
Power said that geographically, major hubs such as Northern Virginia, Singapore, Frankfurt, and Amsterdam continue to anchor enterprise demand, while hyperscale growth is expanding into adjacency markets including Atlanta and Charlotte.
Looking ahead to 2026, Power expects cloud growth and AI inference to define results.