secwatch.observer — SEC 8-K summary
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Issuer:     DIGITAL REALTY TRUST, L.P. (—)
CIK:        0001494877
Form:       8-K
Filed at:   2026-06-29T21:25:42+00:00
Accession:  0001193125-26-288761
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 3.02, 8.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Digital Realty to buy Blackstone's 64% stake in three Northern VA data centers for $3.5B
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- Total consideration $3.5B ($1.2B cash + $2.3B non-voting common stock at June 29, 2026 closing price).
- Three hyperscale data centers total 288 MW IT capacity in Northern Virginia, gross value $7.8B (incl. debt and remaining capex).
- 100% leased to three investment-grade hyperscale customers; 15-year leases with 3.6% annual rent escalators; expected stabilized cap rate >6.5%.
- Closing expected June 30, 2026; expected to be leverage neutral and accretive to Core FFO per share in 2027/2028.
- Also: purchased 1,440 acres near Kansas City for $377.6M and agreed to issue 3.4M shares for 16% of Teraco JV; sold 6.2M ATM shares for $1.2B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1494877/000119312526288761/0001193125-26-288761-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1297996/000119312526288761/d100507d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-288761

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