BlackRock and IFM in exclusive talks for $25B data center deal

IFM: IFM Investors is a leading global institutional investor and asset manager focused on infrastructure, private equity, and debt investments, serving pension funds and other long-term clients. It has been expanding its presence in Asia-Pacific while pursuing opportunities in real assets and diversified credit. In this news, IFM is engaged in exclusive talks with BlackRock regarding a significant data center deal. BlackRock: BlackRock is the world's largest asset manager, overseeing investments across public and private markets with a strong emphasis on infrastructure and emerging sectors like data centers. It has been actively deploying capital into AI-related infrastructure through platforms such as Global Infrastructure Partners. In this news, BlackRock is positioned as a key party in exclusive talks with IFM for a major data center transaction. Regional Expansion: IFM Investors recently launched an office in Singapore to strengthen its capabilities in private markets across Asia. Infrastructure Focus: BlackRock continues to prioritize investments in digital infrastructure to support growing AI and technology demands.