GDS Announces First Ever Monetization Of Data Center Assets In China Through Sale To A Private REIT

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SHANGHAI, China, March 10, 2025 (GLOBE NEWSWIRE) -- GDS Holdings Limited ("GDS Holdings”, "GDS” or the "Company”) (NASDAQ: GDS; HKEX: 9698), a leading developer and operator of high-performance data centers in China, today announced that it has entered into definitive agreements to monetize, on a net basis, a 70% equity interest in certain of its data centers, at an implied enterprise value ("EV”) to EBITDA multiple of around 13 times.

We highly appreciate the participation from China Life as anchor investor, and China Life Investment Management Company Limited as coordinator and advisor (the alternative investment platform of China Life Group), which highlights their confidence in our capabilities as a leading data center operator in China, as well as in the outlook for the sector as we move forward into the AI era.” The transaction is expected to close within the next three months and is subject to certain closing conditions.

In a first of a kind transaction, GDS is selling a 100% equity interest in certain data center project companies to a private REIT ("P-REIT”), which is a special purpose equity scheme involving the issue of an Asset Backed Security ("ABS”).

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Article Details

Author / Journalist: GDS Holdings Limited

Category: Technology

Markets: China

Topics: US36165L1089 Nasdaq:GDS HKSE:9698.HK

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-10 @ 11:00:00 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 631 words

Reading Time: 4 minutes read

Sentences: 20 lines

Sentence Length: 32 words per sentence (average)

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Copyright Owner: © GlobeNewswire

News ID: 26820755

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