Iron Mountain REIT targeted by short sellers Gotham City Research and GIP

Iron Mountain

19/11/2025 15:27

Refiles to complete ric

LONDON, Nov 19 (Reuters) - The hedge fund short selling partnership of Gotham City Research and General Industrial Partners (GIP) said on Wednesday it has taken a short position in the real estate investment trust, Iron Mountain .

Daniel Yu and Cyrus de Weck said Iron Mountain's leveraged investments into data centers do not match what the firm has available long-term to spend.

"This is a hail Mary pass of a dying business," de Weck told the Sohn Conference in London.

The team is known for their research on SES Imagotag, now Vusion Group and Spanish medical company, Grifols.

 (Reporting by Nell Mackenzie; Editing by Dhara Ranasinghe)

 ((Nell.Mackenzie@thomsonreuters.com;;))