Three Major Data Centers in Northern Virginia Acquired by U.S. REITs for 3 Trillion Won

Digital Realty Trust, Inc. (NYSE: DLR) has secured a large-scale data center site at the Astra Enterprise Park near Kansas City that can be expanded up to 2 GW, with plans to deliver 600 MW of power by early 2028. At the same time, the company will increase its stake in African data center operator Teraco to about 77% to deepen its local exposure, and acquire Columbia Capital, a private equity firm specializing in digital infrastructure, for up to $510 million to strengthen its private-capital platform. Separately, Digital Realty is purchasing a 64% interest in three hyperscale data centers in Northern Virginia from a Blackstone-affiliated fund for $3.5 billion, adding 288 MW of new capacity in its largest market.

According to U.S. media reports, Digital Realty paid $475 million for more than 1,400 acres near Kansas City and plans to develop it into a hyperscale AI and cloud data center campus. In connection with the Northern Virginia transaction, Blackstone is also conducting a secondary offering of about $2.35 billion in Digital Realty common shares to sell down its stake in the market.

Digital Realty, a global data center REIT listed on the New York Stock Exchange, operates hundreds of facilities across more than 25 countries in North America, Europe and Asia, and is increasing its hyperscale infrastructure investments to meet growing cloud and AI demand.