Snapshot from Jul 19, 2026 at 14:14 UTC. For live data and tracking: View Live
Business acquisition

Digital Realty acquires Blackstone data centers

Analysis based on 33 articles · First reported Jun 29, 2026 · Last updated Jul 01, 2026

Sentiment
40
Attention
6
Articles
33
Market Impact
General
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The acquisition by Digital Realty of Blackstone Inc.'s stake in Northern United States — West Virginia data centers is expected to be accretive to Digital Realty's Core FFO per share in 2027 and 2028, indicating a positive financial outlook for the company. The deal also highlights the surging demand for data center capacity driven by cloud computing and AI, suggesting continued growth in the digital infrastructure sector.

data center real estate technology

Digital Realty has agreed to purchase a blended 64% equity interest in three fully leased data centers in Northern United States — West Virginia from Blackstone Inc.-affiliated funds. The total consideration for Blackstone Inc.'s stake is $3.5 billion, comprising $1.2 billion in cash and $2.3 billion in Digital Realty shares. The transaction values the assets at a gross of $7.8 billion and is expected to close on June 30, 2026. The portfolio includes two data centers in United States — Manassas, Virginia, and one in United States — Sterling, Virginia, each with 96 megawatts of IT capacity, all 100% leased to investment-grade hyperscale customers. This move strengthens Digital Realty's position in the world's largest data center market and is anticipated to be accretive to its Core FFO per share in 2027 and 2028. Separately, Digital Realty announced the pricing of a secondary public offering of its common stock by Blackstone Inc. affiliates.

100 Digital Realty agreed to purchase Blackstone Inc.
80 Blackstone Inc. announced secondary offering Digital Realty
51 Morgan Stanley acted as agent
50 Digital Realty plan public offering Blackstone Inc.
stock
Digital Realty is acquiring a significant stake in three Northern United States — West Virginia data centers from Blackstone Inc., strengthening its position in the world's largest data center market and expanding its hyperscale asset portfolio. This transaction is expected to be accretive to its Core FFO per share in 2027 and 2028.
Importance 100.0 Sentiment 40.0
stock
Blackstone Inc. is selling its stake in three Northern United States — West Virginia data centers to Digital Realty for $3.5 billion, receiving cash and Digital Realty shares. This transaction highlights the successful development of their joint venture assets and allows Blackstone Inc. to realize value from its digital infrastructure investments.
Importance 90.0 Sentiment 30.0
loc
United States — Northern Virginia is highlighted as the world's largest data center market, experiencing surging demand due to cloud computing and AI, making it a strategic location for data center investments. This event further solidifies its position as a key hub for digital infrastructure.
Importance 60.0 Sentiment 0.0
loc
United States — West Virginia is the state where the acquired data centers are located, specifically Northern United States — West Virginia, which is described as the world's largest data center market.
Importance 30.0 Sentiment 0.0
per
Matt Mercier, CFO of Digital Realty, commented on the expected accretion of the transaction to Core FFO per share in 2027 and 2028.
Importance 20.0 Sentiment 0.0
per
Greg Wright, CIO of Digital Realty, emphasized the strong relationship between Digital Realty and Blackstone, indicating ongoing joint ventures in data center investments.
Importance 20.0 Sentiment 0.0
loc
United States — Manassas, Virginia is the location of two of the three data centers involved in the acquisition, each with 96 megawatts of IT capacity.
Importance 20.0 Sentiment 0.0
loc
United States — Sterling, Virginia is the location of one of the three data centers involved in the acquisition, also with 96 megawatts of IT capacity.
Importance 20.0 Sentiment 0.0
stock
Morgan Stanley acted as the sole underwriter for the public offering of Digital Realty shares by Blackstone Inc..
Importance 10.0 Sentiment 0.0
exch
The New York Stock Exchange is where Digital Realty's common stock is traded, and its closing price on June 29, 2026, was used to value the shares issued to Blackstone Inc. as part of the deal.
Importance 10.0 Sentiment 0.0
govactor
The United States — United States Securities and Exchange Commission is mentioned as the regulatory body with which Digital Realty files its reports and where the prospectus supplement for the offering will be available.
Importance 5.0 Sentiment 0.0
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