Related Companies Debuts Major Initiative with Launch of Related Digital
Deal News | Mar 27, 2025 | Related Cos LP/The
Related Companies, a leading privately-owned real estate firm, has officially launched and capitalized Related Digital, a platform for data center development and investment. The new venture builds on Related's extensive expertise in real estate and clean energy, aiming to serve AI and cloud hyperscale companies. Related Digital, with a $45 billion development pipeline, commits an initial $500 million to support growth while setting sights on raising up to $8 billion with the aid of Morgan Stanley. The platform promises accelerated data center growth across the US and Canada. Leadership hires, including Brent Behrman as Chief Investment Officer and Greg Myers as Chief Financial Officer, bolster Related Digital's position in the digital infrastructure market.
Sectors
- Real Estate
- Digital Infrastructure
- Clean Energy
Geography
- United States – The article mentions Related Companies' operations and developments within the United States, including specific data center projects in various states.
- Canada – The article references Related Digital's data center project in Ontario, highlighting operations in Canada.
Industry
- Real Estate – The article highlights Related Companies' activities in real estate, specifically in developing data centers and infrastructure projects.
- Digital Infrastructure – Related Digital focuses on data center development, making this industry relevant as the article discusses significant investments and capabilities in this sector.
- Clean Energy – Related Digital leverages clean energy solutions in data center development, linking industry relevance with energy-efficient and sustainable infrastructure.
Financials
- $500 million – Initial investment commitment by Related Digital for its development pipeline.
- $8 billion – Target amount for capital-raising efforts by Related Digital to fuel growth.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Related Companies | Parent Company | Company | A prominent global real estate company, launching Related Digital to focus on data center development. |
| Related Digital | Data Center Developer | Company | A newly launched platform by Related Companies for developing and investing in data centers. |
| energyRe | Clean Energy Partner | Company | An affiliate of Related Companies, providing clean energy solutions for Related Digital's projects. |
| Brent Behrman | Chief Investment Officer | Person | Newly appointed CIO, overseeing investment strategies at Related Digital. |
| Greg Myers | Chief Financial Officer | Person | Recently appointed CFO, responsible for financial management at Related Digital. |
| Morgan Stanley | Financial Advisor | Company | Advising on Related Digital’s capital-raising efforts. |
| Jeff T. Blau | CEO of Related Companies | Person | CEO of Related Companies, highlighting the strategic initiatives in digital infrastructure. |
| Miguel Prado | CEO of energyRe | Person | CEO contributing to Related Digital’s sustainable energy projects. |