Stock Market Update
30-Jun-26 08:26 ET
Futures modestly higher
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: +8.00. Nasdaq futures vs fair value: +62.00.
The S&P 500 futures currently trade eight points above fair value.
Digital Realty Trust (DLR 181.75, -8.83, -4.6%) and Blackstone (BX 114.75, -0.13, -0.1%) announce that Digital Realty has agreed to purchase from Blackstone-affiliated funds managed by Real Estate, Infrastructure and Tactical Opportunities a stake in three fully leased data centers containing 288 megawatts of total IT capacity in Northern Virginia at a gross value of $7.8 billion, reflecting an expected initial stabilized capitalization rate of over 6.5%.
Total consideration paid to Blackstone for its blended 64% equity interest in the assets will be $3.5 billion, including $1.2 billion of cash and $2.3 billion in shares of Digital Realty, based on the last reported sale price of the company's common stock on the New York Stock Exchange on June 29, 2026.
