RELATED COMPANIES ACCELERATES PUSH INTO DATA CENTERS WITH CAPITALIZATION OF RELATED DIGITAL TO FUEL ITS $45 BILLION PIPELINE
- Editor
- Mar 27
- 2 min read
Whats Happening:
Related Companies is launching Related Digital, a data center development and investment platform, with a $45 billion near-term pipeline. The fund is committing a minimum of $500 million initially and aims to raise up to $8 billion in private capital. Related Digital will focus on delivering digital infrastructure for AI and cloud hyperscale technology companies, leveraging Related Companies' expertise in real estate, infrastructure, and clean energy development.
Key Moves:
Related Companies launches Related Digital with $45 billion development pipeline
Fund commits minimum $500 million initially, aims to raise up to $8 billion
Appoints Brent Behrman as CIO and Greg Myers as CFO of Related Digital
By The Numbers:
$45 billion near-term development pipeline for Related Digital
Minimum $500 million initial commitment from Related Companies
Up to $8 billion in private capital to be raised
Key Quotes:
"Digital infrastructure is one of the most remarkable growth categories and asset classes that I have seen in my more than 35 years in real estate development," - Jeff T. Blau, CEO of Related Companies
"I am excited to join Related Digital to establish the platform as a premier leader in digital infrastructure during this unprecedented period of digital transformation and global expansion," - Brent Behrman, CIO of Related Digital
"Related Digital's vertically integrated business model and unmatched expertise across the entire data center value chain positions the business to be a leading player in the data center space," - Greg Myers, CFO of Related Digital
Bottom Line:
Related Companies' launch of Related Digital marks a significant entry into the rapidly growing data center market, leveraging its real estate and infrastructure expertise. With a substantial initial commitment and ambitious fundraising goals, Related Digital is positioned to become a major player in developing digital infrastructure for AI and cloud technologies, potentially reshaping the landscape of data center development and investment.
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