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Digital Realty, Realty Income form JV, eye up to $800m in data centre investments

The deal represents Income Corporation, The Monthly Dividend Company, first investment into the data centre sphere.

By João Marques Lima

Founder and Editor, The Tech Capital

3 Mins

November 13, 2023 | 11:31 PM GMT

Digital Realty, Realty Income form JV, eye up to $800m in data centre investments

Sumit Roy, Realty Income's President and Chief Executive Officer. Source: Realty Income

The Tech Capital

REITs Digital Realty (NYSE: DLR) and Realty Income Corporation (NYSE: O), The Monthly Dividend Company, have established a joint venture (JV) to support the development of two build-to-suit data centres in Northern Virginia. 

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João Marques Lima

Founder and Editor, The Tech Capital

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