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Blackstone lands 1.75 billion IPO for AI data centre REIT betting on hyperscaler demand
Business
Published on 14 May 2026
Investors get bonus shares for taking the bet
Blackstone has raised $1.75 billion through the IPO of Blackstone Digital Infrastructure Trust, a new REIT built to capitalize on the AI-driven demand for data centers. The trust sold 87.5 million shares at $20 each and plans to buy existing, leased facilities worth $250 million to $1.5 billion rented to investment-grade hyperscalers. The deal also broadens Blackstone’s investor reach beyond institutions, while the REIT’s blind-pool structure means it lists before buying any assets.
- Blackstone Digital Infrastructure Trust raised $1.75 billion via IPO
- REIT sold 87.5 million shares at $20 apiece
- Planned acquisitions: already-built data centers worth $250M to $1.5B
- Targets facilities leased to investment-grade hyperscalers
- Largest-ever IPO of a blind-pool REIT per Bloomberg data
- Bonus shares: investors receive an additional 1% of shares purchased
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times