Digital Realty Trust closes $3.25B data center fund

Digital Realty Trust has successfully closed a new U.S. hyperscale data center fund totaling $3.25 billion. This significant capital raise underscores strong investor confidence in the digital infrastructure sector and Digital Realty's market position. The fund is expected to fuel the development and expansion of hyperscale data center facilities across the United States, catering to the growing demand for cloud computing, AI, and data storage solutions. This strategic deployment of capital aims to enhance Digital Realty's global portfolio and support its customers' evolving digital transformation needs.