BlackRock Consortium Nears $25B Data Center Deal

A consortium backed by BlackRock and IFM Investors is in exclusive talks to purchase Stack Infrastructures Asia Pacific data center portfolio for up to $25 billion. The potential acquisition highlights surging investor demand for digital infrastructure driven by artificial intelligence.

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A specialist trader works at the post where BlackRock is traded on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 21, 2022.  REUTERS/Brendan McDermid

A consortium led by BLACKROCK INC and IFM Investors is negotiating to acquire Stack Infrastructures Asia Pacific for up to $25 billion. The potential transaction highlights accelerating capital flows into regional digital infrastructure. Investor appetite is surging as cloud computing and AI workloads expand across key markets.

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