In Focus: CPP Investments' latest data centre deal rides APAC boom
The $16 billion AirTrunk acquisition by CPP Investments and Blackstone, valuing it eight times higher than four years ago, underscores explosive growth in Asia Pacific's data centre market.
A recent deal in which Canada Pension Plan Investment Board (CPP Investments) and Blackstone agreed to acquire data centre platform AirTrunk from Macquarie Asset Management and other investors like PSP Investments reinforces the strong appeal of Asia Pacific data centres among global institutional investors.
The landmark A$24 billion ($16 billion) valuation of of the data centre platform AirTrunk represents an eight-fold increase from A$3 billion just four years ago when Macquarie…
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