Reported 1 day ago
GDS Holdings Ltd. is reportedly considering an initial public offering for a real estate investment trust (REIT) dedicated to its data center assets in China. The company is gauging interest in a share sale that could raise approximately 1 billion yuan ($140 million). A potential listing could occur as early as next year, but discussions are still in progress and may not lead to a transaction. This move follows changes in China's REIT regulations, aiming to expand the market for commercial property trusts.
Source: YAHOO