Blackstone Group completed the acquisition of QTS Realty Trust for $10bn.

The Blackstone Group completed the acquisition of QTS Realty Trust, a provider of data center solutions across a diverse footprint, for $10bn. "We are focused on investing in assets that are benefitting from strong, secular tailwinds, such as the rapid digitalization of data. QTS is a leading provider of data center solutions with a portfolio of high-quality assets in desirable markets, positioning it well to capitalize on these powerful trends in the data center space. We believe the vast expertise across our business will enable the QTS platform to succeed over the long-term," Tyler Henritze, Blackstone Real Estate Head of Acquisitions Americas.