Market Chatter: Blackstone-Backed AirTrunk Data Center Operator Hits Pause on $1.5 Billion IPO

04:37 AM EDT, 10/13/2026 (MT Newswires) -- Blackstone-backed (BX) AirTrunk has delayed a planned $1.5 billion IPO of a real estate investment trust in Singapore to 2027, as rising bond yields and market turmoil temper investor interest, Bloomberg reported Tuesday, citing anonymous sources. AirTrunk had slated formal testing of demand for the REIT IPO to start in October, and had also considered boosting dividends to a roughly 6% yield for investors, up from a previously targeted 5.5% return, but concerns about September's US interest rate increase dimmed the perceived market reception to the offering, the report said. AirTrunk's planning of the size and timing of the potential IPO is ongoing, Bloomberg reported. Representatives from AirTrunk and Blackstone did not immediately respond to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)