InfraCompute / Investments
Digital Realty buys Blackstone's stakes in three Northern Virginia data centres
Stake sale · Digital Realty · US$3.5bn, 29 June 2026.
Key terms
- Company
- Digital Realty
- Date
- 29 June 2026
- Type
- Stake sale
- Value
- US$3.5bn
- Status
- Announced; completion expected 30 June 2026
- Region
- US
What happened
Digital Realty bought out Blackstone's 80% interest in two 96 MW data centres in Manassas and its 50% interest in one 96 MW data centre in Sterling, Virginia. All three are fully leased to investment-grade hyperscalers.
Recorded terms
- Assets
- Three 96 MW data centres (288 MW)
- Gross asset value
- US$7.8bn at 100%, including assumed debt and remaining capex
- Consideration
- US$1.2bn cash and US$2.3bn stock
- Tenants
- Three investment-grade hyperscalers, 100% leased
- Value basis
- US$3.5bn for Blackstone's blended 64% equity (US$1.2bn cash, US$2.3bn Digital Realty stock); US$7.8bn gross asset value at 100%
- Segment
- Data centres
Parties
More investments
For counsel on a deal like this
M&A, preferred equity and joint venture terms from the filed agreements, for the buyer’s, the seller’s or the sponsor’s side. Previews are open; the full text is free with InfraCompute Weekly.
Sources
About this record
Compiled from the sources above. Investments are recorded separately from the debt register and are not counted in debt totals. Terms are as announced and may have changed since. Methodology · Send a correction.
