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.