Digital Realty Closes $3.25 Billion U.S. Hyperscale Data Center Fund

Digital Realty (DLR) has announced the final closing of its inaugural U.S. hyperscale data center fund, securing $3.25 billion in total equity commitments. The fund is specifically designed to target the development and ownership of data center infrastructure across Tier I U.S. markets, such as Northern Virginia, Santa Clara, and Dallas. Participation in the fund includes a diverse group of global institutional investors, ranging from sovereign wealth funds to public pension plans and asset managers. This capital raise aims to capitalize on the sustained and growing demand for hyperscale capacity, largely driven by the rapid expansion of cloud computing and AI infrastructure. Analysts view the successful closing as a strong signal of institutional confidence in the data center sector despite broader economic shifts. The liquidity provided by this fund will grant Digital Realty significant expansion capacity to strengthen its competitive position in the global market.