GDS Launches Chinas First Data Center Asset Sale via Private REIT


GDS Launches China’s First Data Center Asset Sale via Private REIT

📅 - Developer and operator of high-performance data centers inChina, GDS, has announced a pioneering transaction in the countrys data center sector, marking the first monetization of data center assets through the sale to a private Real Estate Investment Trust (REIT).

The deal involves the sale of a 70% equity stake in several data centers, valued at an estimated enterprise value (EV) to EBITDA multiple of approximately 13.

As part of the agreement, GDS is transferring full ownership of specific data center project businesses to a private REIT (P-REIT), a specialized equity structure that issues an Asset Backed Security (ABS). The ABS, which will be listed on the Shanghai Stock Exchange as a [...][... Check source for end of article ...]
Tags: Data Center

Reads: 111 | Category: General | Source: Hosting Jurnalist : Hosting Jurnalist | Author:
URL source: https://hostingjournalist.com/news/gds-launches-china%E2%80%99s-first-data-center-asset-sale-via-private-reit
Want to add a website news or press release ? Just do it, it's free! Use add web hosting news!