Key Takeaways
- • Digital Realty, the world's largest data center REIT by footprint, is planning several fund series, with a US open-end fund as the next incoming vehicle.
- • The US open-end fund is targeting a cornerstone raise of up to $3bn, according to PERE (Private Equity Real Estate).
- • The planned fund series signals a significant expansion of Digital Realty's private capital platform beyond its traditional public REIT structure.
- • The article is gated behind a subscription, so detailed fund terms, strategy specifics, and investor composition are not available from the primary source.
Summary
Digital Realty, described by PERE as the world's largest data center REIT by footprint, is charting a major private fundraising push across several fund series. According to PERE reporter Jonathan Brasse, writing on May 11, 2026, the next vehicle in the pipeline is a US open-end fund for which a cornerstone raise of up to $3bn is targeted.
The planned fund series would extend Digital Realty's activity into private capital markets, where it would raise money from institutional and other investors alongside its public-market franchise. Cornerstone investors typically anchor a fund's first close and set the terms for subsequent investors, so the size of the targeted raise is a key indicator of demand for data center exposure within private real estate portfolios.
The source article is subscriber-only, and the publicly available excerpt does not disclose further details on fund strategy, target returns, fee structures, or the timing of subsequent fund series. Allocators tracking the data center sector should monitor subsequent PERE coverage for fund terms and close announcements.
The planned fund series would extend Digital Realty's activity into private capital markets, where it would raise money from institutional and other investors alongside its public-market franchise. Cornerstone investors typically anchor a fund's first close and set the terms for subsequent investors, so the size of the targeted raise is a key indicator of demand for data center exposure within private real estate portfolios.
The source article is subscriber-only, and the publicly available excerpt does not disclose further details on fund strategy, target returns, fee structures, or the timing of subsequent fund series. Allocators tracking the data center sector should monitor subsequent PERE coverage for fund terms and close announcements.
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