Two of the largest players in AI infrastructure are competing for the same prize: Stack Infrastructure’s Asia-Pacific data center portfolio, a collection of campuses that could fetch more than $30B.
The Artificial Intelligence Infrastructure Partnership and Brookfield Asset Management have both entered the bidding process for Stack’s APAC operations, setting up what could become one of the largest data center transactions in the region’s history.
What’s actually on the table
Stack Infrastructure, owned by Blue Owl Capital, has been exploring a potential sale of its Asia operations since earlier this year. The portfolio is substantial, spanning five key markets across the region.
Melbourne leads the pack with 432 MW of capacity. Sydney follows at 360 MW. Johor Bahru in Malaysia adds 216 MW, while Japan rounds things out with 78 MW in Osaka and 36 MW in Tokyo.
