Blackstone Data Center REIT Pursues to Raise $1.75 Billion in IPO
Corroborated by 5 sources from 5 publishers
TL;DR
Reports differ across sources; according to finance.yahoo.com, the trust is set up as a real estate investment trust and aims to buy stabilized, tenant-occupied data centers valued between $250 million and $1.5 billion.
Sources
1
Bloomberg Wealth
https://www.bloomberg.com/news/articles/2026-05-04/blackstone-data-center-reit-seeks-to-raise-1-75-billion-in-ipo
2
Financial Times Companies
https://www.ft.com/content/01b31619-66ff-4a9d-8927-533296ae2b51
3
Yahoo Finance News
https://finance.yahoo.com/markets/stocks/articles/blackstone-data-center-reit-ipo-135834489.html
4
CNBC 15839263
https://www.cnbc.com/video/2026/05/04/blackstone-coo-jon-gray-discusses-new-partnership-with-anthropic.html
5
Investing.com News
https://www.investing.com/news/economy-news/blackstone-executive-says-ai-boom-driving-surge-in-bluecollar-jobs-4657125