Business & Finance
AirTrunk Is Said to Be Near Confidential Filing for Biggest Singapore IPO in Years
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Real Estate Markets AirTrunk Is Said to Be Near Confidential Filing for Biggest Singapore IPO in Years Blackstone Inc.-backed data center operator AirTrunk is close to filing confidentially for an initial public offering of a real estate investment trust in Singapore, according to people with knowledge of the matter. Bloomberg News reported in April that AirTrunk is seeking to raise about $1.5 billion from the offering, making it the biggest in Singapore since 2017.
Real Estate Markets
AirTrunk Is Said to Be Near Confidential Filing for Biggest Singapore IPO in Years
Blackstone Inc.-backed data center operator AirTrunk is close to filing confidentially for an initial public offering of a real estate investment trust in Singapore, according to people with knowledge of the matter.
Bloomberg News reported in April that AirTrunk is seeking to raise about $1.5 billion from the offering, making it the biggest in Singapore since 2017.