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finance Jun 30, 2026

Digital Realty falls 4% after taking $3.5 billion stake in Blackstone's Virginia data centers

C
CNBC Finance
1 min read
Key Points
  • Digital Realty said Tuesday is purchasing a $3.5 billion stake in three data centers from Blackstone.
  • The global data center firm fell in premarket trading following the announcement.
A Digital Realty data center in Sterling, Virginia, US, on Sunday, May 31, 2026.
Lexi Critchett | Bloomberg | Getty Images

Digital Realty fell in premarket trading after it announced its buying a $3.5 billion stake in three data centers from asset manager Blackstone on Tuesday.

The Austin-based global data center firm will pay $1.2 billion in cash and $2.3 billion in shares for data centers in Northern Virginia, valued at $7.8 billion. The transaction is expected to be completed on Tuesday.

Digital Realty will purchase Blackstone's 80% interest in two 96-megawatt data centers in Manassas, Virginia, and a 50% interest in one 96-megawatt data center in Sterling, Virginia.

It was last trading down 3.7% before the market opened.

Digital Realty shares over the past year.

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