Market news —
Blackstone-backed AirTrunk eyes September, October launch for US$1.5 billion Singapore Reit IPO, sources tell Reuters
Blackstone-backed AirTrunk is targeting a September or October launch for an initial public offering of a Singapore real estate investment trust that could raise about US$1.5 billion, two people with direct knowledge of the matter said....read more on The Business Times
The data centre operator has filed confidentially for the listing and has started meetings with potential cornerstone investors, the people said.