Blackstone is preparing to launch its first data center real estate investment trust.
PE Infrastructure Consolidation
deals
sentiment shift
Private equity's intensifying grip, evidenced by KKR's Compass and SoftBank's DigitalBridge interest, drives infrastructure consolidation. This shift impacts power, cooling, networking, and AI deployment across hyperscale and edge environments.
Digital Realty has successfully closed its inaugural hyperscale data center fund, raising $3.25 billion designated for investments in major United States metropolitan areas, including Virginia, California, and Texas.
Reports indicate that Blackstone is close to finalizing an acquisition of the data center operator Rowan, which is reportedly valued near $10 billion.
Capital fundraising activities specifically targeting commercial real estate assets have seen an upturn, marking the first increase observed since 2021.
KKR is preparing to allocate billions of dollars toward the portfolio of Compass Datacenters, an entity backed by Brookfield.
SoftBank is reportedly positioning itself as the next major source of private capital seeking to acquire DigitalBridge.
Compass Datacenters has agreed to a definitive deal allowing KKR to invest in a specific segment of its existing operational data centers as well as those planned for future development.