trending Market Intelligence /marketintelligence/en/news-insights/trending/djb0i2p2glfdpljds56w2q2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Report: Blackstone taps JPMorgan for potential sale of data center portfolio

Blog

Message in a (Word)Cloud

Six trends shaping the industries and sectors we cover in 2021

Six trends shaping the industries and sectors we cover in 2021

Capital Markets View – January 2021


Report: Blackstone taps JPMorgan for potential sale of data center portfolio

Blackstone Group LP is understood to have appointed bankers from JPMorgan Chase & Co. to help gauge the market for potential interest in the Australian data centers held by its DCI Data Centers portfolio company, The Australian Financial Review's Street Talk reported.

The Singapore-based dealmakers of the private equity giant reportedly want to know if interest for the group's data centers in Sydney and Adelaide is enough to warrant a sale, the paper noted. Industry sources said the properties under review are better quality than those held by Metronode, which was acquired for roughly A$1.04 billion by Equinix Inc.

Amid the ongoing review for potential divestments, DCI Data Centers is planning to further expand its global footprint and is eyeing a new location in Melbourne, the publication added.