BlackRock-IFM consortium targets Stack APAC data centers valued up to $25B
Sep 24, 2026, 4:14 AM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting
A large, high-profile private-asset deal involving BLK-backed players could raise BLK's perceived infra exposure, potentially supporting AUM growth and fees if the deal closes; however, closing is uncertain, so upside is contingent on deal progression and transparency.
AI summary
What happened, with direct paths to the underlying reporting
BlackRock and IFM Investors are in exclusive talks to acquire Stack Infrastructure's Asia-Pacific data centers, potentially valuing the portfolio at up to $25 billion. The deal signals growing appetite for large-scale data-center assets among blue-chip managers and could expand BlackRock's infrastructure exposure and fee-earning opportunities if closed.
BlackRock- and IFM-backed consortium in exclusive talks to acquire Stack APAC data centers.
Deal could value the portfolio at up to $25 billion.
Bloomberg reported Thursday, citing people familiar with the matter.
The move highlights BlackRock's expanding infrastructure exposure and potential fee growth.
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