AcquisitionsJul 1, 2026, 04:23 PM
Digital Realty Completes Blackstone Acquisition; Blackstone Sells Shares
AI Summary
Digital Realty Trust, Inc. announced the completion of its previously disclosed acquisition of all of Blackstone Inc.'s interests in the Digital Carver Dulles 9 and Digital Carver Brickyard joint ventures on June 30, 2026. Following this, on July 1, 2026, Blackstone completed an underwritten public offering of 12,310,249 shares of Digital Realty common stock at $185.00 per share, which were issued upon conversion of non-voting common stock. Digital Realty did not receive any proceeds from this share sale.
Key Highlights
- Digital Realty completed the acquisition of Blackstone's interests in Digital Carver Dulles 9 and Digital Carver Brickyard joint ventures on June 30, 2026.
- Blackstone completed an underwritten public offering of 12,310,249 shares of common stock on July 1, 2026.
- Shares were issued upon conversion of non-voting common stock held by Blackstone.
- The public offering price per share was $185.00.
- Digital Realty did not receive any proceeds from the sale of shares by Blackstone.
Price Impact
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