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Cyxtera’s board thumbs up transition into data centre REIT

The move will see the company join a slowly growing digital infrastructure REIT club which combined holds a market capitalisation of more than US$120 billion.

By João Marques Lima

Founder and Editor, The Tech Capital

3 Mins

September 14, 2022 | 5:50 AM BST

US-based data centre colocation house Cyxtera (NASDAQ: CYXT) said it will convert itself into a real estate investment trust (REIT) following board approval.

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João Marques Lima

Founder and Editor, The Tech Capital

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