Logistics giant Prologis, data center operator Digital Realty, and retail landlord Federal Realty report record leasing activity and increased 2026 guidance, underscoring strong fundamentals across diverse real estate asset classes.
Prologis set a Q2 record of 67 million square feet leased and raised 2026 Core FFO guidance, indicating strong demand and a bullish outlook.
Digital Realty holds a record $1.9 billion pre-leased development backlog and raised 2026 Core FFO guidance, reflecting robust AI-driven data center demand.
Federal Realty extended its 59-year dividend growth streak and raised 2026 Core FFO guidance on record leasing and 96% occupancy, supporting a bullish view.
Prologis, Digital Realty, and Federal Realty are reporting record leasing volumes and raised 2026 Core FFO guidance, signaling robust demand across logistics, data center, and retail sectors. Despite varied market drivers, all three equity REITs demonstrate strong dividend coverage and operational momentum, moving beyond simple yield-based investment cases.
The guidance increases are driven by record leasing volumes, strong rent spreads, and high portfolio occupancy across their respective logistics, data center, and retail properties.
Digital Realty acts as a primary landlord for AI infrastructure, providing the physical buildings, power, and fiber connectivity required for accelerated compute and cloud services.