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Digital Realty Trust Inc. Message Board

  • anal.lyst anal.lyst Jul 12, 2014 9:47 AM Flag

    Have any other DLR holders taken a look at the Iron Mountain (IRM) REIT conversion?

    IRM got a PLR (Private Letter Ruling) from the IRS giving their proposed REIT conversion the green light. I ran across this stock (IRM) on Seeking Alpha while I was looking for other DLR type REITS to possibly buy. There are two IRM articles published very recently on the IRS PLR grant & what it MAY mean for IRM shareholders. One of the articles also mentions in passing the likely hood of consolidation in this REIT space.

    I found the articles to be good reads, so much so I started a position in IRM.

    Other DLR holders might want to check them out & give their opinions, positive or negative, on IRM as a REIT buy.


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