NasdaqGS:EQIXSpecialized REITs
Equinix Lagos Data Center Investment Tied To Valuation And Momentum
Equinix is investing $22 million in a new LG3 data center in Lagos, Nigeria.
The Lagos build out expands the company’s presence in Africa as part of its broader regional plan.
The project is aimed at supporting rising demand for digital infrastructure and connectivity across the continent.
For investors watching NasdaqGS:EQIX, the Lagos investment comes alongside a share price of $951.97 and reported recent returns of 11.1% over the past week, 18.7% over the past month, and 24.6% year to...