Exclusive: AirTrunk Delays $1.5 Billion Singapore REIT Listing to 2027

PANews October 13 news, according to Bloomberg citing people familiar with the matter, Blackstone-backed data center operator AirTrunk has postponed its planned $1.5 billion real estate investment trust (REIT) initial public offering in Singapore to 2027, due to higher interest rates and market volatility dampening investor demand. The company had previously planned to formally begin gauging investor interest in the IPO in early October.

Related news

11-02 02:05 UTC
Musk: The operating cost of Grok Bot is unsustainably high relative to its revenue.
PANews, November 2 news: In response to a user's question on the X platform about the rapid depletion of Grok Bot usage quotas, Musk stated that the operating c...
11-02 01:44 UTC
China Merchants Bank and several other institutions have launched wallet transaction statement printing services within the digital renminbi App.
11-02 01:41 UTC
The founder of POAP may have subscribed to 100,000 ETH during the 2015 ICO.
11-02 01:01 UTC
UBTECH releases Thinker-Sim embodied intelligence simulation platform.
11-02 00:55 UTC
The application period for virtual asset service provider licenses in Brazil has ended, with only about 40 companies submitting applications.

Musk: The operating cost of Grok Bot is unsustainably high relative to its revenue.

China Merchants Bank and several other institutions have launched wallet transaction statement printing services within the digital renminbi App.

The founder of POAP may have subscribed to 100,000 ETH during the 2015 ICO.

UBTECH releases Thinker-Sim embodied intelligence simulation platform.

The application period for virtual asset service provider licenses in Brazil has ended, with only about 40 companies submitting applications.