Blackstone Continues To Expand Its Data Center Footprint On The Heels Of A $3.5 Billion Refinancing Deal
Yahoo Finance·2025-11-29 00:16

Blackstone (NYSE:BK) continues to expand its daat center footprint as artificial intelligence elevates demand for these buildings. Lenders also feel optimistic about data centers, based on Blackstone's being able to refinance 10 data centers owned by subsidiary QTS in a 3.5billiondeal,accordingtoBisNow.AnEightfoldExpansionBlackstoneenteredthedatacenterindustrywhenitacquiredQTSRealtyTrustin2021for3.5 billion deal, according to BisNow. An Eightfold Expansion Blackstone entered the data center industry when it acquired QTS Realty Trust in 2021 for 10 billion. QTS now operates more than 70 data centers, marking an eightfold increas ...