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Blackstone raises $1.75 bn in data centre REIT IPO
Blackstone has successfully raised $1.75 billion through its initial public offering for a new trust focused on artificial intelligence infrastructure. This significant funding underscores strong investor interest in data centers driven by the AI boom. The trust plans to acquire established data centers valued between $250 million and $1.5 billion.
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channelnewsasia.com
Blackstone data center vehicle makes muted debut after $1.75 billion IPO
May 14 : Shares of Blackstone's newly minted investment vehicle opened flat in their market debut on Thursday, after the company raised $1.75 billion in its U.S. initial public…
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m.economictimes.com
Blackstone raises $1.75 bn in data centre REIT IPO
Blackstone has successfully raised $1.75 billion through its initial public offering for a new trust focused on artificial intelligence infrastructure. This significant funding…