BlackRock and IFM enter exclusive talks for STACK's Asia portfolio valued at $20B-$25B
Bloomberg reports a preliminary $20B-$25B portfolio value and says the buyer group, which includes BlackRock-backed AIP, is preparing due diligence. No signed agreement has been reported.
By RuntimeWire Staff · Published
Primary source: Bloomberg Technology
Why it matters
The talks could transfer a multi-market APAC data-center portfolio to investors with substantial infrastructure capital and an explicit AI mandate. STACK's reported operating footprint and its wholesale competitors show the scale of the platform at stake, while the $20B-$25B range remains a preliminary portfolio estimate.
BlackRock and IFM Investors have entered exclusive talks to acquire STACK Infrastructure's Asia-Pacific data centers, in a potential transaction valued at $20 billion to $25 billion, according to Bloomberg.…
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