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TPG Real Estate acquires $1.5bn stake in Ashburn data centre

The assets contain approximately 104 megawatts of IT capacity and are primarily leased by investment grade customers.

By João Marques Lima

Founder and Editor, The Tech Capital

3 Mins

July 28, 2023 | 12:40 AM BST

TPG Real Estate acquires $1.5bn stake in Ashburn data centre

Digital Realty Chief Investment Officer Greg Wright. Source: DLR

The Tech Capital

TPG Real Estate (TPGRE), the real estate investment platform of alternative asset management firm TPG (NASDAQ: TPG), has announced its acquisition of an 80% stake in a US$1.5 billion portfolio of hyperscale data centres in Ashburn, Northern Virginia.

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João Marques Lima

Founder and Editor, The Tech Capital

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