Blackstone acquires $21b AirTrunk data centre

It is the company’s largest investment in the Asia Pacific region.

Blackstone and Canada Pension Plan Investment Board will acquire AU$24b ($21b) AirTrunk data centre from Macquarie Asset Management and the Public Sector Pension Investment Board.

AirTrunk is one of the largest data centres in APAC having more than 800MW. It has presence accross Australia, Japan, Malaysia, Hong Kong, and Singapore.

This is Blackstone’s largest investment in the Asia Pacific region and is subject to approval from the Australian Foreign Investment Review Board.

“Digital infrastructure is experiencing unprecedented demand driven by the AI revolution as well as the broader digitization of the economy. Before AirTrunk, Blackstone’s portfolio consisted of US$55b ($71.6b) of data centres including facilities under construction, along with over US$70b ($91.2b) in prospective pipeline development,” said Sean Klimczak, Global Head of Blackstone Infrastructure and Nadeem Meghji, Global Co-Head of Blackstone Real Estate.

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