Blackstone

BizLink to buy Blackstone’s Singapore-based Interplex for US$850 million

Interplex Datacom makes the components that form the physical architecture of AI server racks

 Blackstone is selling the tower, for which it paid US$612m in 2019, for about US$280m.

Blackstone is about to take a 54% loss on iconic Seattle office tower

The price drop illustrates the persistence of the pandemic-era decline in demand for office space

The fund, BCP Asia III, has exceeded its US$10 billion target.

Blackstone raises its largest Asia private equity fund with US$13.1 billion in final close of third such fund

The firm has invested more than US$7 billion in Asia over 12 transactions in last 24 months

Sales at Google's cloud computing business are surging, and its own AI services are catching on with consumers.

Google, Blackstone to create AI cloud firm with in-house chips

The move adds to a boom in spending on computing infrastructure

AirTrunk’s loan pays an interest margin of 225 basis points above the Secured Overnight Financing Rate for offshore financing and 235 basis points for onshore.

DBS, UOB among lenders arranging Airtrunk’s US$2 billion loan for Malaysia growth

Proceeds will support the firm’s 200-megawatt JHB2 facility located in Johor

Blackstone will target newly built data centres valued at between US$250 million and US$1.5 billion and leased to investment-grade hyperscalers.

Blackstone Digital Infrastructure raises US$1.75 billion in IPO to buy data centres

The listing is the largest ever IPO of a Reit set up as a so-called blind pool

Blackstone has informed New World Development of its decision, ending a protracted year-long negotiation that stalled in recent months.

Blackstone drops US$4 billion New World deal over control clash

Billionaire Chengs might forgo a deal by injecting capital through a rights issue instead

AirTrunk’s plans come as credit investors continue to pour billions of US dollars into artificial intelligence and the data centres required to power it.

Blackstone’s AirTrunk plans its first data centre-backed bond

The company operates data centres in Australia, Hong Kong, Japan, Malaysia and Singapore

The BXHF is set to start trading this year and is open to investors who meet the requirements for both accredited investors and qualified purchasers.

Blackstone to debut first hedge fund for mini-millionaires

It aims to make relatively liquid bets across an array of asset classes