PLDT Unit Postpones Data Centre REIT IPO to 2027 Amid Market Headwinds

Philippines' PLDT has deferred the IPO of its data centre unit, VITRO REIT, to 2027, citing prevailing market conditions. The company had planned to raise up to 24.2 billion pesos ($385.37 million) in what would have been the country's first digital infrastructure asset-backed listing.