Digital Realty closes USD 3.25 bln hyperscale data centre fund
Digital Realty has announced the final close of its inaugural US hyperscale data centre fund, securing USD 3.25 billion in equity commitments from institutional investors. The fund will focus on the development and ownership of hyperscale facilities across major US metropolitan markets, including Northern Virginia, Santa Clara, Dallas, Atlanta, Charlotte and New York. Digital Realty will retain a 20 percent stake in the portfolio and act as fund manager, overseeing operations, development and leasing.