AUSTIN, Texas — Digital Realty Trust ($DLR$), a prominent global provider of cloud- and carrier-neutral data center infrastructure, saw its shares decline 5.4% in premarket trading on Tuesday. The drop followed the company’s high-profile announcement that it is buying out asset manager Blackstone’s majority stake in three hyperscale data centers in Northern Virginia for $3.5 billion.
The massive transaction values the fully leased, premium portfolio at $7.8 billion (at 100% share), including assumed debt and remaining capital expenditures needed to complete ongoing site development. The deal was officially scheduled for completion on Tuesday, June 30, 2026.