Blackstone Digital Infrastructure Trust to Raise $1.7 Billion in US IPO
Blackstone Digital Infrastructure Trust aims to raise $1.7 billion in an IPO to invest in data centers amid rising demand. The offering includes 87.5 million shares priced at $20 each, with a focus on properties leased to investment-grade tenants.
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Blackstone Digital Infrastructure Trust is launching an initial public offering in the U.S., targeting $1.7 billion to invest in newly constructed data centers. The REIT will issue 87.5 million shares at $20 each, with some shares designated as bonus shares for investors.
Blackstone has committed over $150 billion to data center assets since 2018 and is pursuing acquisitions valued between $250 million and $1.5 billion across various U.S. locations, including Northern Virginia and Ohio. The IPO is part of a broader trend of increasing activity in the U.S.
IPO market, particularly driven by interests in AI and digital infrastructure. This move reflects confidence in the growth potential of data centers and the ability to attract institutional capital through REIT structures.
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