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April 10 (Reuters) - Blackstone Digital Infrastructure Trust filed for a U.S. initial public offering on Friday, seeking to capitalize on surging investor demand for data centers

Data centers have become one of the hottest asset classes in real estate, as surging artificial intelligence workloads drive unprecedented demand for computing power and digital infrastructure.

The company plans to acquire and own stabilized data centers leased to large cloud and technology firms, betting on growing demand for faster computing.

It will target assets leased to top investment-grade hyperscalers, including Alphabet, Amazon, Apple, Meta, Microsoft and Nvidia.

Blackstone is the largest financial investor in data center and digital infrastructure assets globally, having invested about $200 billion in transactions across capital structures since 2018, including over $130 billion in data center assets.

Back in 2021, it took data center operator QTS Realty Trust Inc private in an all-cash deal worth about $10 billion.

The total market value of stabilized data center assets in the U.S. has grown from $175 billion in 2023 to $275 billion in 2025, and by 2030 the total addressable market is expected to more than triple to $1 trillion.

The company has identified and reviewed approximately $25 billion in markets such as Northern Virginia, Ohio, Phoenix, Maryland and Austin.

The REIT targets assets sized between $250 million and $1.5 billion, with weighted average lease terms of 10 to 20 years.

Goldman Sachs, Citigroup, Morgan Stanley, Barclays, BofA Securities and Deutsche Bank Securities are among the underwriters for the offering.

It plans to list its shares on NYSE under the symbol "BXDC."