Blackstone Sells $3.5B Data Center Assets in Capital Rotation

tengyanAI · x · 2026-07-10

Blackstone Group is selling $3.5 billion worth of data center stakes to Digital Realty. The author points out that this does not represent a retreat of capital, but rather a routine rotation in private equity: while specialized REITs absorb the underlying physical assets, private capital is cashing out to chase the next construction cycle.

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