Blue Owl Capital has launched the $1.7 billion Blue Owl Digital Infrastructure Trust, acquiring interests in 11 U.S. data centers to capitalize on the growing demand for digital infrastructure.

Target Information

Blue Owl Capital has launched its new digital infrastructure vehicle, the Blue Owl Digital Infrastructure Trust, with an impressive initial capital raise of $1.7 billion. This non-traded real estate investment trust (REIT) began operations on December 1, marking a strategic entry into the burgeoning data centre market. As part of its inaugural launch, the trust has acquired interests in 11 data centres located in the United States, a transaction valued at approximately $1.5 billion after accounting for assumed debt.

The data centres primarily operate under leases with investment-grade and hyperscale tenants, indicating a significant demand for reliable digital infrastructure supported by financially stable customers. Approximately 55% of the trust's net assets were sourced from private wealth clients, a trend demonstrating the growing inclination towards alternative investments among high-net-worth individuals.

Industry Overview in the United States

The data centre industry in the United States has been experiencing accelerated growth, propelled by increasing digital consumption and the transition to cloud computing. As businesses continue to embrace digital tr