trending Market Intelligence /marketintelligence/en/news-insights/trending/x_buqlbwwa2kmez1d-fzjq2 content esgSubNav
In This List

Report: Brookfield, Partners Group vie for Blackstone's Australian data centers

Blog

Bank failures: The importance of liquidity and funding data

Blog

A Cloud Migration Plan for Corporations featuring Snowflake®

Blog

Essential IR Insights Newsletter - February 2023

Podcast

IR in Focus | Episode 2: Sustainability and Governance Regulations Deep Dive


Report: Brookfield, Partners Group vie for Blackstone's Australian data centers

Brookfield Asset Management Inc., Partners Group and at least one strategic investor are competing for Blackstone Group LP's Australian data centers, The Australian Financial Review's Street Talk reported, citing unnamed sources.

The parties' submitted offers for the properties are part of the first round of bidding for the assets held by Blackstone's DCI Data Centers portfolio company, according to the publication. The submission closed in the week ending Oct. 5.

JPMorgan Chase & Co. is overseeing the sale of DCI Data Centers' data centers. Any transaction for the properties on offer will be subject to the approval of Australia's Foreign Investment Review Board, the Oct. 8 report added.

In June, when Blackstone was still gauging interest for the portfolio, it was reported that the assets have better quality than Metronode's data centers, which were acquired by Equinix Inc. for A$1.04 billion.