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AirTrunk, a data center operator backed by Blackstone, is reported to postpone its $1.5 billion REIT listing deal
2 day ago /
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Author：小编
According to sources familiar with the matter, AirTrunk, a data center operator backed by Blackstone Group, has postponed its planned initial public offering of a Real Estate Investment Trust (REIT) in Singapore until next year. The delay is attributed to rising interest rates and market volatility, which have suppressed investor demand. AirTrunk originally planned to begin gauging investor interest for the $1.5 billion REIT listing deal in early October.
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