# Blackstone launches data‑center REIT amid growing political pushback

> The Blackstone Digital Infrastructure Trust debuted in May, selling 87.5 million shares at $20, but its price has fallen about 16% as opposition to new data centers rises.

Oossa · 2026-10-09 · https://oossa.com/en/blackstone-launches-data-center-reit-amid-growing-political-pushback

Blackstone created the Blackstone Digital Infrastructure Trust, a REIT that trades on the NYSE and invests in mature data‑center markets like Northern Virginia and Dallas. The fund sold 87.5 million shares at $20 each in its mid‑May 2026 debut, but the shares have slipped to under $17, a drop of roughly 16 %. Investors face new risks as states such as New York and Texas enact moratoriums on new hyperscale data‑center approvals, reflecting rising local opposition.

## The facts

- 87.5 million shares sold at $20 each in May 2026
- Share price down about 16 % to under $17

## Why it matters

Retail investors considering the REIT must weigh the potential returns against political and regulatory headwinds that could delay or cancel data‑center projects.

## Sources & references

1. [Wall Street is pitching data centers as a major real estate bet. The risks are piling up](https://www.cnbc.com/2026/10/09/ai-data-centers-investing.html) – CNBC, 2026-10-09

Last updated: 2026-10-09