ðŸ‡ðŸ‡° Chinese, 14 October 2026, ipo market
Global Data Center IPO Market Sees Turbulence
High interest rates and market volatility have led to delays and cancellations in data center IPOs.
AirTrunk, an Australian data center company, has delayed its REIT IPO in Singapore due to high interest rates and market volatility.
The company had planned to raise $1.5 billion, but will now seek alternative funding options.
Another data center company, Firmus Grid, has also withdrawn its IPO plans in Australia, citing market conditions.