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Investments in Unconsolidated Entities (Tables)

9 Months Ended

Sep. 30, 2025

Investments in Unconsolidated Entities.

Summary of Financial Information of Investments in Unconsolidated Entities

A summary of the Company’s investments in unconsolidated entities accounted for under the equity method of accounting is shown below (in thousands):

​

​	​	​	​	​	​	​
​	​	Balance as of		​	Balance as of
​	​	​	September 30, 2025	​	​	December 31, 2024
Americas (1)	​	$	2,270,335	​	$	1,311,950
APAC (2)	​	​	723,335	​	​	615,687
EMEA (3)	​	​	240,724	​	​	252,791
Global (4)	​	​	456,355	​	​	459,372
Total	​	$	3,690,749	​	$	2,639,800

Includes the following unconsolidated entities along with our ownership percentage as of September 30, 2025:

(1) Ascenty (49%), Blackstone (ranging from 20% to 50%), Clise (50%), GI Partners (ranging from 20% to 25%), Mapletree (20%), Menlo (20%), Mitsubishi (20%), Realty Income (20%), TPG Real Estate (20%), Fund (ranging from 20% to 60%), and Walsh (88%).

(2) Digital Connexion (33%), Digital Realty Bersama (50%), Lumen (50%), and MC Digital Realty (50%).

(3) Blackstone (20%), Medallion (60%), and Mivne (50%).

(4) Digital Core REIT (39%).

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