AirTrunk, a data center operator backed by Blackstone, has postponed its planned $1.5 billion real estate investment trust (REIT) initial public offering in Singapore until 2027. The delay comes as elevated interest rates and market volatility have dampened investor appetite for the listing. The company had originally intended to begin gauging investor interest for the IPO in early October before deciding to push back the timeline due to unfavorable market conditions.