Blackstone’s $1.75B data center REIT opens flat in NYSE debut

MSN
2026.05.15 05:35
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Blackstone's data center REIT, BXDC, debuted flat on the NYSE at $20, despite raising $1.75 billion for U.S. acquisitions. The launch aligns with projected AI infrastructure spending exceeding $700 billion by 2026, increasing data center demand. Blackstone has identified $25 billion in near-term acquisition opportunities in key U.S. markets.