(April 11): Blackstone Inc filed for an initial public offering (IPO) of a new data-centre acquisition vehicle that plans to buy already-built and leased properties benefitting from the artificial intelligence (AI) boom. The new vehicle, Blackstone Digital Infrastructure Trust Inc, will target newly built data centres valued at between US$250 million and US$1.5 billion (RM6.0 billion) and leased to investment-grade hyperscalers, according to a filing on Friday with the US Securities and Exchange Commission. Blackstone plans to raise about US$2 billion from the IPO, which could begin formal marketing later this month, Bloomberg reported earlier on Friday. The vehicle, structured as a real estate investment trust, would be among the 10 biggest IPOs ever by a REIT, according to data compiled by Bloomberg. Blackstone Digital Infrastructure Trust will be externally managed by a Blackstone-affiliated entity in return for base and incentive fees and will have priority over other Blackstone funds for data-centre acquisitions sourced by the firm.

Source: The Edge Markets April 11, 2026 04:11 UTC