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Blue Owl to move $3.29 billion data center portfolio to new REIT

Alternative asset manager to roll 11 properties into nonlisted trust
Blue Owl controls the data center at 8135 NE Evergreen Parkway in Hillsboro, Oregon. (CoStar)
Blue Owl controls the data center at 8135 NE Evergreen Parkway in Hillsboro, Oregon. (CoStar)
CoStar News
October 13, 2025 | 8:29 P.M.

Blue Owl Capital is forming a new real estate investment trust to expand its digital network holdings and agreed to roll 11 data centers it already controls into the new entity.

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