Digital Realty announced a series of transactions valued at approximately $1.6 billion that expand its hyperscale development pipeline, increase its ownership of Africa’s leading carrier-neutral data center operator, and strengthen its private capital investment platform. The company acquired a large development site in the Kansas City metro, agreed to purchase additional shares in Teraco, and plans to acquire digital infrastructure investment firm Columbia Capital.
The largest infrastructure component involves the acquisition of approximately 1,440 acres at Astra Enterprise Park near Kansas City for roughly $475 million. The site will support hyperscale data center development and is backed by an Energy Service Agreement that provides 600 MW of utility power by early 2028, scaling to 2 GW at full buildout. The project gives Digital Realty entry into a growing AI infrastructure market with access to significant power resources, utility support, and regional network connectivity. A fully developed 2 GW campus would rank among the largest announced data center developments in North America.
Digital Realty also agreed to acquire an additional 16% stake in Teraco for approximately $650 million, increasing its ownership to 77%. Teraco operates the largest carrier-neutral data center and interconnection platform in Africa, with major campuses in Johannesburg, Cape Town, and Durban. The company serves as a key hub for cloud providers, telecommunications carriers, internet exchanges, content platforms, and subsea cable operators connecting Africa to global networks. By increasing its ownership position, Digital Realty gains greater exposure to one of the world’s fastest-growing digital infrastructure markets while strengthening its colocation and connectivity business across the EMEA region.
In a separate transaction, Digital Realty plans to acquire Columbia Capital for approximately $485 million. Founded in 1989, Columbia Capital manages more than $9 billion in fund commitments focused on communications, technology, and digital infrastructure investments. The acquisition expands Digital Realty’s Strategic Private Capital platform and provides additional expertise across adjacent sectors including AI infrastructure, fiber networks, wireless systems, subsea infrastructure, and communications services. Columbia Capital has previously partnered with Digital Realty through investments in both Teraco and Vela Infrastructure, a subsea cable landing station developer.
Together, the three transactions extend Digital Realty’s reach across compute, connectivity, and capital. The Kansas City acquisition expands its ability to support hyperscale AI deployments, the Teraco investment increases ownership of a strategic interconnection platform in Africa, and the Columbia Capital acquisition broadens the company’s ability to invest across the wider digital infrastructure ecosystem.
• Acquired 1,440 acres at Astra Enterprise Park near Kansas City
• Secured utility commitments for 600 MW by early 2028, scaling to 2 GW
• Entering a growing U.S. hyperscale and AI infrastructure market
• Increasing ownership of Teraco from 61% to 77%
• Teraco operates Africa’s largest carrier-neutral colocation and interconnection platform
• Acquiring Columbia Capital, manager of more than $9 billion in fund commitments
• Expanding Digital Realty’s Strategic Private Capital platform
• Transactions funded primarily through issuance of approximately 6.3 million shares and operating partnership units
• Teraco and Columbia Capital transactions are expected to close during the second half of 2026
“These transactions support the continued momentum of Digital Realty’s three core pillars of growth. The purchase of land in the Kansas City metro enhances our ability to serve hyperscale customers’ near term requirements, while our increased stake in Teraco strengthens our position in Africa’s leading data center platform and supports the continued growth of our global colocation and connectivity business,” said Andy Power, President and Chief Executive Officer of Digital Realty.
Profile: Digital Realty Updated June 2026 | |
| Headquarters | Austin, Texas, USA |
| Leadership | Andy Power, President & CEO |
| Public Listing | NYSE: DLR |
| Global Footprint | 300+ facilities across 55+ metros in 30+ countries spanning six continents |
| Core Platform | PlatformDIGITAL® global data center, colocation, and interconnection platform |
| Market Focus | Hyperscale cloud, AI infrastructure, enterprise colocation, carrier-neutral interconnection, and digital ecosystems |
| Kansas City Expansion | Acquired approximately 1,440 acres at Astra Enterprise Park for hyperscale development |
| Planned Power Capacity | 600 MW by early 2028, scaling to 2 GW at full buildout |
| Teraco Ownership | Increasing ownership from 61% to 77%, strengthening position in Africa’s leading carrier-neutral data center platform |
| Strategic Private Capital | Expanding investment platform through acquisition of Columbia Capital |
| Columbia Capital | Founded in 1989; manages more than $9 billion in fund commitments focused on communications, technology, and digital infrastructure |
| AI Infrastructure Strategy | Combines hyperscale campuses, colocation, interconnection, subsea infrastructure, renewable energy initiatives, and private capital investment |
| Strategic Significance | The Kansas City site, Teraco expansion, and Columbia Capital acquisition position Digital Realty to address rising AI infrastructure demand while extending its global reach across data centers, connectivity, and infrastructure investment. |
Profile: Teraco Updated June 2026 • Africa’s Largest Carrier-Neutral Data Center Platform | |
| Headquarters | Johannesburg, South Africa |
| Founded | 2008 |
| Ownership | 77% owned by Digital Realty following announced June 2026 transaction |
| Core Business | Carrier-neutral colocation, interconnection, cloud connectivity, and hyperscale data center services |
| Major Markets | Johannesburg, Cape Town, and Durban, South Africa |
| Data Center Footprint | Multi-campus platform comprising more than 100 MW of operational critical IT load, with significant expansion underway |
| Interconnection Ecosystem | Home to Africa’s largest concentration of networks, cloud providers, enterprises, content platforms, and internet exchanges |
| Internet Exchanges | Hosts key African Internet Exchange (NAPAfrica) facilities, among the continent’s largest IX platforms |
| Cloud On-Ramps | Direct connectivity ecosystem supporting AWS, Microsoft Azure, Google Cloud, Oracle Cloud, Huawei Cloud, and other major providers |
| Subsea Connectivity | Strategic interconnection point for multiple subsea cable systems linking Africa with Europe, the Middle East, Asia, and the Americas |
| Renewable Energy | Developing large-scale renewable energy procurement initiatives to support future growth and sustainability goals |
| Strategic Importance | Acts as the primary digital gateway for Southern Africa, connecting cloud regions, telecom operators, enterprises, content networks, and international subsea systems |
| Why Digital Realty Wants More | Teraco provides Digital Realty with a dominant position in Africa’s fastest-growing colocation and interconnection market, expanding its global PlatformDIGITAL strategy while increasing exposure to cloud, AI, and international connectivity growth across the continent. |
