10.9.25 | This week we recognized 3 capital-related transactions with a disclosed value of $46.0 Billion USD.
| Deal Size ($Bn USD) | Capital Related Transactions |
| $40.0 | BlackRock Reportedly in Talks to Buy Aligned Data Centers for $40 Billion |
| $5.0 | Blackstone and Abu Dhabi’s Lunate Team Up to Invest $5 Billion in Gulf Logistics |
| $1.0 | SJC Kicks Off $1 Billion Mixed-use JV |
| $46.0 | Total |
Additionally, we recognized 2 leadership changes within the industry.
Summary of Transaction Headlines
Bisnow | “BlackRock Reportedly in Talks to Buy Aligned Data Centers for $40 Billion”
BlackRock is preparing to place another big bet on data centers with an acquisition that could become one of the largest deals of any kind this year. BlackRock’s Global Infrastructure Partners is in advanced talks to acquire data center infrastructure company Aligned Data Centers in a deal that could be valued at $40 Billion. AI investment has been on the rise, with BlackRock and other major investors pouring Billions into the technology and necessary data center infrastructure.
Reuters | “Blackstone and Abu Dhabi’s Lunate Team Up to Invest $5 Billion in Gulf Logistics”
Blackstone Inc. is partnering with Abu Dhabi’s Lunate on a new platform that will target investments worth $5 Billion across the wider region, as the US private equity giant looks to build on its portfolio of logistics assets. The firms will focus mainly on new developments and evaluate acquisitions as well as sale‑and‑leaseback deals. Their new venture, which will have teams dedicated across the region, is expected to bring in external investors over time.
Multi-Housing News | “SJC Kicks Off $1 Billion Mixed-use JV”
SJC Ventures and a global insurance company have created a $1 Billion programmatic joint venture to develop mixed-use projects comprising luxury multifamily and retail space across the East Coast. Cushman & Wakefield arranged the partnership. The platform will debut with an initial $300 Million equity tranche. The venture has already closed on three seed developments comprising 341 units and 197,000 Square Feet of retail space. SJC also executed anchor tenant leases.
The Asset | “Flow Digital Infrastructure Appoints CTO”
Asia-Pacific data center developer and operator Flow Digital Infrastructure, which is backed by investment firm PAG, has appointed Ken Marron as Chief Technology Officer (CTO) to lead the company’s technology function across the region. Marron, who will be based in Tokyo, brings over 30 years of extensive construction and architecture experience across Japan, Korea, Taiwan, Singapore, and Europe within the data center and real estate sectors.
PERE | “Areim CEO to Depart After Less Than Two Years in Role”
Henrik Brinck Landelius, Chief Executive Officer of Areim since March last year, will step down to pursue opportunities outside the Stockholm-based manager. Former CEO Therese Rattik and former Chief Investment Officer Erika Olsen will assume leadership of the firm as Co-Managing Partners, according to the announcement. Rattik has been with Areim for 20 years and had spent a decade as its Chief Executive until she was replaced in the role by Landelius in March 2024.
