DLR Blackstone Sale

Digital Realty (DLR) announced that affiliates of Blackstone Inc. will issue 12,310,249 shares of its common stock at $185.00 per share, a secondary offering that will close on July 1 2026. The sale is conditioned on DLR’s acquisition of Blackstone’s interests in two joint ventures, expected to be completed on June 30 2026. The non‑voting common shares issued to Blackstone will automatically convert into voting common stock upon transfer. DLR will not receive any proceeds from the offering; the sale is an intercompany transaction.