Blackstone Inc. & Digital Realty

Blackstone Inc.: 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.

Digital Realty: 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.

Blackstone Inc.: Blackstone reported strong Q2 earnings, beating estimates, with assets under management reaching $1.35 trillion. Its AI investments are driving growth, but retail investor withdrawals from private credit funds pose a challenge.

Digital Realty: Digital Realty acquired a stake in three data centers from Blackstone, part of Blackstone's asset monetization strategy.

Blackstone Inc.: Blackstone Inc.'s QTS terminated a project in United States — West Virginia due to opposition, reflecting the growing risk for private equity in data center investments.

Digital Realty: Digital Realty reaffirmed its commitment to responsible growth in United States — Texas, seeking to align with regulators and communities to maintain its market position.

Blackstone Inc.: Blackstone Inc. is mentioned in the context of its AirTrunk deal, providing a valuation benchmark for data center operators.

Digital Realty: Digital Realty is mentioned as a global data center operator whose valuation serves as a benchmark for potential premiums in the Indian market.

Blackstone Inc.: Blackstone Inc. is mentioned as backing AirTrunk, which plans significant investments in India's AI-focused data center capacity, highlighting the broader trend of institutional investment in the sector.

Digital Realty: Digital Realty is part of the Digital Connexion venture with Reliance Industries and Brookfield Asset Management, which plans a large AI-native data center campus, indicating its involvement in India's digital infrastructure growth.