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CyrusOne reports 1Q18 results; leasing activity bolstered by European footprint

  • May 24, 2018
  • Analyst: Jabez Tan

CyrusOne reported its 1Q18 results, which showed some signs of traction in the European market coming from its acquisition of Zenium as well efforts to expand into more European markets. Leasing activity in the quarter was again dominated by both existing customers as well as the cloud vertical. CyrusOne continues to make headway with its partnership with GDS and is expecting this to materialize into several signed deals in the coming quarters.

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