GIP's Potential Collaboration with DigitalBridge in AirTrunk Sale
Tuesday, 30 July 2024, 09:08
Global Infrastructure Partners' Shift in AirTrunk Acquisition Strategy
Global Infrastructure Partners (GIP) is now considering a partnership with DigitalBridge in lieu of its initial solo bid for the $13 billion data center giant AirTrunk.
Overview of the Situation
- GIP is reassessing its strategy due to competitive pressures.
- The data center market in Asia is experiencing significant growth.
- Partnering with DigitalBridge may offer more leverage in negotiations.
Conclusion
This potential collaboration signifies a trend where major players in the real estate sector seek combined resources to secure substantial deals, exemplifying the dynamic nature of the current market.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.