Digital Realty Trust, Inc. (NYSE: DLR), a global provider of data center, co-location and interconnection solutions, has entered into a definitive agreement to acquire a portfolio of eight high-quality, carrier-neutral data centers in Europe from Equinix, the company said. The total purchase price is approximately USD874 million (before fees, closing costs and prorations), which represents a multiple of approximately 13 times the anticipated full-year 2016 portfolio EBITDA. Digital Realty will acquire a fee interest in one data center in Amsterdam and will acquire leasehold interests in the other seven data centers, with a weighted-average remaining lease term of approximately 23 years, including the exercise of contractual extension options. In addition, several of the leased facilities are entitled to statutory rights that give the tenant the ability to renew upon lease expiration, subject to certain exceptions.