Blackstone-Backed AirTrunk Postpones REIT IPO Amid Market Volatility

T1Covered by 1 source · first reported by The Information (teasers) at 14 Oct, 09:29 UTC

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 ...