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AirTrunk has postponed a planned Singapore REIT listing that could raise about $1.5bn, according to the Straits Times, citing two people with direct knowledge. The data-centre operator had been aiming to launch in September or October.
Why it mattersThe paper says market conditions prompted the delay amid a sell-off in technology and AI stocks. AirTrunk has not set a new launch date, but one source said it is aiming to complete the listing by early 2027. The delay offers a useful signal about funding conditions for data-centre businesses tied to AI’s infrastructure boom. It is a reported postponement, not evidence that demand for data-centre capacity has vanished.
Discuss: If AI infrastructure demand remains strong, should data-centre IPOs wait for calmer markets, or press ahead while investors are still willing to fund the build-out?
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