AirTrunk delays $1.5 billion Singapore REIT IPO to next year

AirTrunk is delaying a planned IPO of a real estate investment trust in Singapore until next year, according to people familiar with the matter.
The report attributes the delay to higher interest rates and market volatility tempering investor demand.
The offering is sized at $1.5 billion, making it a notable test of appetite for data center assets in public markets.

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