Blackstone Launches Data Center REIT IPO Targeting $1.75 Billion
Blackstone Digital Infrastructure Trust, a real estate investment trust (REIT), filed for an initial public offering seeking up to $1.75 billion by issuing shares at $20 each. The trust aims to invest in stabilized data centers with high-credit-rated tenants and has identified potential deals worth $25 billion across key U.S. markets.
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Topics: Blackstone data centers IPO real estate investment trust (REIT)