Digital Realty Closes $3.25B U.S. Hyperscale Data Center

Digital Realty has closed its inaugural U.S. hyperscale data center fund with $3.25 billion in fresh equity investments. The REIT plans to hold ownership rights over 20% of the properties acquired by the fund.

Digital Realty secured the new capital from institutional investors including public pension funds, corporate pension funds, sovereign wealth funds, family offices, and endowments and foundations. The fund is positioned within Digital Realty’s broader data center platform as demand from AI and cloud computing continues to grow.