Announced
Financials
Tags
Single Bidder
Data Centers and Hosting
Joint Venture
Private
Friendly
China
internet data center
Pending
Private Equity
Majority
Synopsis
Gaw Capital Partners, a real estate private equity firm, agreed to form a joint-venture partnership with Centrin Data, an Internet Data Center developer and operator. Financial terms were not disclosed. “Gaw Capital Partners is extremely pleased to form a JV partnership with Centrin Data, one of the first and most successful data center operators in China. We strive to build a robust data center platform that services the needs of businesses and the wider public, combining Centrin’s reputation and experience in the sector with Gaw Capital’s expertise in real estate investing in China. We are delighted to be investing in this exceptional investment opportunity, given that China’s total internet traffic growth rate is expected to grow exponentially in the coming years due to the launch of 5G," Humbert Pang, Gaw Capital Partners Managing Principal and Head of China.
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