PANews|Oct 13, 2026 05:50
[Insiders: AirTrunk Delays $1.5 Billion Singapore REIT Listing Plan to 2027]
According to Bloomberg, citing insiders, Blackstone-backed data center operator AirTrunk has postponed its planned $1.5 billion real estate investment trust (REIT) initial public offering (IPO) in Singapore to 2027. The delay is attributed to higher interest rates and market volatility dampening investor demand. The company had previously planned to officially begin gauging investor interest in the IPO in early October.
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