Blackstone Launches New Data Center REIT for AI and Digital Infrastructure Exposure
Blackstone is launching the Blackstone Digital Infrastructure Trust ($BXDC), a public data center REIT with no initial assets, aiming to raise $1.75 billion for future acquisitions. The fund projects annual property yields of 5.75% to 7% and rent growth of 2% to 3% annually. The move targets retail investors seeking exposure to the AI-driven data center boom.
Topics: AI Blackstone data centers IPO REIT