<div id="readability-page-1">Blackstone Digital Infrastructure (BXDC) went public last month with a clear focus — to run data centers for investment-grade hyperscalers with long-term leases in tier 1 markets. As yet, it has no assets. Before its initial public offering, it was in active discussions for ~$25B of data center acquisitions. At Nareit's REITweek conference on Tuesd...</div>

BXDC

<p>Blackstone Digital Infrastructure (BXDC), a newly public REIT, is actively acquiring high-quality data centers in tier 1 markets from investment-grade hyperscalers. Unlike competitors, BXDC does not build facilities but focuses on long-term leases (10-20 years) for stability. The company targets ~6% cap rates with an intrinsic return of ~9%, offering a ~4% dividend yield. CEO Nick Pell and CFO Tony Marone emphasize the strategy's low risk, strong shareholder alignment, and significant growth potential compared to net lease REITs.</p>

Blackstone Digital Infrastructure on a spree to buy high-quality data centers in tier 1 markets