VNET and Dajia Investment Ink Definitive Agreement on a Pre-REITs Fund
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VNET Group, Inc. has signed a definitive agreement with Dajia Investment Holding to form a pre-REITs fund aimed at investing in hyperscale data centers in China.
November 29, 2024 | 2:45 am
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VNET Group, Inc. has entered into a partnership with Dajia Investment to create a pre-REITs fund for investing in hyperscale data centers in China, potentially expanding its asset base and market reach.
The partnership with Dajia Investment to form a pre-REITs fund indicates a strategic move by VNET to expand its investment in hyperscale data centers, which could enhance its asset portfolio and market presence in China. This is likely to be viewed positively by investors, potentially driving up the stock price in the short term.
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