09:58 AM EST, 12/29/2025 (MT Newswires) -- Blackstone's (BX) AirTrunk is considering options including a potential real estate investment trust listing in Singapore, Bloomberg reported Monday, citing people familiar with the matter.
The Australian data-center operator, which was acquired by Blackstone and Canada Pension Plan Investment Board in 2024, has held private discussions with advisors about a possible REIT initial public offering, aiming to raise upwards of $1 billion in the process, the report said.
Discussions are ongoing and the size and structure of any potential deal could still change, the people said, according to the media outlet.
Blackstone did not immediately respond to MT Newswires' request for comment.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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