Realty Income and Cloud Capital Launch $6 Billion Hyperscale Data Center Venture
July 2, 2026
Realty Income has formed a $6 billion joint venture with Cloud Capital to acquire and develop hyperscale data centers. The venture’s initial move includes three triple-net leased data center assets in Virginia totaling 330 megawatts, with Realty Income expected to invest about $1.4 billion (initial funding around $700 million planned for Q2–Q3 2026).
- Buyers
- Realty Income, Cloud Capital
- Targets
- Hyperscale data center assets to be acquired and developed via the JV (initial Virginia portfolio)
- Industry
- Infrastructure
- Location
- Virginia, United States
- Transaction Type
- Growth capital
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