The Information — AI · · 1 min read

Blackstone-Backed AirTrunk Postpones REIT IPO Amid Market Volatility

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Data center operator AirTrunk is postponing a planned initial public offering of a real estate investment trust in Singapore to next year as higher interest rates and volatile markets dampen investor demand, Bloomberg reported.

The Sydney-headquartered company, which is backed by Blackstone, had ...

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