Blackstone raises $1.75 bn in data centre REIT IPO
- Posted on May 14, 2026
- By Business News Today
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- 1 min read
Blackstone raises $1.75 bn in data centre REIT IPO
Blackstone has successfully raised $1.75 billion through its initial public offering for a new trust focused on artificial intelligence infrastructure. This significant funding underscores strong investor interest in data centers driven by the AI boom. The trust plans to acquire established data centers valued between $250 million and $1.5 billion.
