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Blue Owl Plans Public Data-Center REIT With $6.5B Seed

9/6/2026

Summary

Blue Owl Launches REIT

Blue Owl Capital plans to launch a publicly traded data-center REIT seeded with about $6.5 billion of assets.
The REIT will initially hold roughly $6.5 billion of Blue Owl-controlled data-center assets.
Blue Owl intends to raise additional capital through an IPO and subsequent share sales.
The firm closed its May digital-infrastructure fund with $7 billion of commitments.
Blue Owl’s plan differs from Blackstone’s blind-pool REIT, which raised $2 billion in May.

Summary

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History

Historical Context

In 1960 Congress created REITs, mandating at least 90% of taxable income be distributed, a rule that later allowed equity REITs to specialize in assets like data-center warehouses. Equinix launched the first publicly traded data-center REIT in 2007, raising $2.5 billion; Blackstone’s blind-pool REIT secured $2 billion in 2019. Blue Owl now seeds a $6.5 billion data-center REIT within a market of over 190 U.S. REITs.

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Blue Owl Launches REIT

Blue Owl Capital plans to launch a publicly traded data-center REIT seeded with about $6.5 billion of assets.
The REIT will initially hold roughly $6.5 billion of Blue Owl-controlled data-center assets.
Blue Owl intends to raise additional capital through an IPO and subsequent share sales.
The firm closed its May digital-infrastructure fund with $7 billion of commitments.
Blue Owl’s plan differs from Blackstone’s blind-pool REIT, which raised $2 billion in May.

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