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Cyxtera’s board thumbs up transition into data centre REIT

US-based data centre colocation house Cyxtera (NASDAQ: CYXT) said it will convert itself into a real estate investment trust (REIT) following board approval. The move will see the company join a slowly growing REIT club which includes the likes of Equinix (NASDAQ: EQIX), Digital Realty (NYSE: DLR), and DigitalBridge (NYSE: DBRG). Cyxtera’s conversion to a REIT has been...

September 14

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