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Blackstone's BREIT has $8bn to fuel 'once in a generation' AI data centre surge

The group is ready to invest further into data centres and plans to double QTS Data Centers’ portfolio as the operator’s market cap doubles to US$20 billion.

By João Marques Lima

Founder and Editor, The Tech Capital

4 Mins

July 31, 2023 | 12:00 AM BST

Blackstone's BREIT has $8bn to fuel 'once in a generation' AI data centre surge

Blackstone's Jon Gray, Nadeem Meghji and Chad Williams, QTS Data Centers’ CEO. Source: BREIT

The Tech Capital

Global investment firm Blackstone (NYSE: BX) transitioned its property fund, the Blackstone Real Estate Income Trust (BREIT), from being a major buyer of property to a significant seller.

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João Marques Lima

Founder and Editor, The Tech Capital

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