Digital Core Reit

Digital Core is an S-REIT established by Digital Realty for the purpose of investing whether directly or indirectly in a diversified portfolio of real estate located globally which are primarily used for data centres as well as assets that support the digital economy. DIGITAL CORE REIT DCRUSI is scheduled to commence trading on 2021-12-06.

Digital Core Reit Is Offering A 4 75 Distribution Yield Is This Sustainable The Smart Investor

Digital Core REIT DC REIT is the second pure play data centre REIT that is planning to list in Singapore.

. In contrast Keppel DC Reit incurred Manager Fees of 11827 million in 1H 2021. Public Offer Retail Tranche. Digital Core Reit is expected to commence trading in Singapore on Monday Dec 6. And Canada with an aggregate Appraised Valuation of US14 billion.

Digital Core REIT DC REIT is offering 267034 units at US 88 cents per unit for its IPO of which 13352m will be for the public and the rest via placement. Digital Core REIT can be seen as Digital Realtys perpetual long-term vehicle in which they still have core control over. According to its preliminary IPO prospectus Digital Core REIT invests in a stabilised and diversified portfolio of mission-critical data centres globally. Whats Digital Core REIT About.

Digital Core REITs IPO portfolio includes 10 high-quality data centres spread across 4 top-tier markets in the USA. Here is a brief overview of the indicative offering details from DC REIT preliminary prospectus. Sector Industry Sub-Industry. Digital Core REIT sponsored by US-listed Digital Realty Trust is set to raise 600 million in an initial public offering IPO in Singapore.

It is good to note that Digital Core REIT will own 90 of each asset while their sponsor Digital Realty will own the remaining 10. Digital Core REIT is a Singapore REIT S-REIT established with the principal investment strategy of investing directly or indirectly in a diversified portfolio of stabilised income-producing real estate assets located globally which are used primarily for data centre purposes as well as assets necessary to support the digital economy. Nov 29 2021 Digital Core REIT Applications for the Singapore public tranche of Digital Core REITs initial public offering IPO opens on 29 November at 9 pm. DIGITAL Core Reit is a pure-play data centre S-Reit sponsored by Digital Realty one of the largest owners operator developer and acquirer of data centres globally.

Digital Core REIT will own and operate a portfolio of stabilized income-producing data centers located in the United States and Canada. Digital Core REIT IPO Digital Core REIT files IPO adding to year end listing jump It will have an initial portfolio of 10 freehold data centres in US and Canada with an appraised value of US14 billion. Digital Core Reit is the only pure-play data centre Singapore Reit with 10 data centres located in key robust and diverse markets. 1 What Is Digital Core REIT.

Real Estate Equity Real Estate Investment Trusts REITs Specialized REITs. Specifically the REITs initial portfolio will comprise 10 freehold data centers which are 100 leased within the markets of Northern Virginia Silicon Valley Los Angeles and Toronto Canada. Digital Core REIT offers an attractive distribution yield of 475 for Year 2022 and 5 for Year 2023. The IPO will close on 2 Dec 2021 at 12pm.

The REITs investment strategy also includes investing in. The appraised valuation of the assets was US1441b. Digital Core REIT is expected to have an aggregate leverage of 27 per cent as at the listing date -significantly lower than its peers - giving it a debt headroom of up to US596 million. IPO Price will be US088 Forecast distribution yield for 2022 is 475 There will be 267m units on offer in total.

Digital Core REIT sponsored by US-listed Digital Realty Trust is set to raise 600 million in an initial public offering IPO in Singapore the largest listing in the city-state this year. Digital Core REIT IPO Balloting Results Placement Tranche The placement tranche for Digital Core REIT IPO was 253682000 Units US223 million. Okay here are some more of my notes. The total appraised valuation.

Whats Digital Core REIT About. The REITs investment strategy also includes investing in. Comparing Digital Core REIT against Singapore Data Centre Operators The closest local competitor to Digital Core REIT is Keppel DC REIT and Mapletree Industrial REIT. The net property income for 2022 is US6686m which represents a.

Digital Realty Trust has a huge market cap at US 46 Billion and it is ranked 6th largest US. The sponsor also holds a direct stake of 381 in the REIT itself. 4 in Silicon Valley 2 in Los Angeles 1 in Toronto and 3 in Northern Virgina. Thats a very strong performance.

According to its preliminary IPO prospectus Digital Core REIT invests in a stabilised and diversified portfolio of mission-critical data centres globally. This is roughly 955 of net property income and 875 of revenue. The Singapore public offer is offered at 121 per unit. For 1H 2021 Digital Core Reit incurred Manager Fees of 4729 million.

This is roughly 146 of net property income and 936 of revenue. The average capitalization rate was 425. All of the over-allotment units 53406000 units went into the placement tranche. Share Price as of.

Well have to say it is really new to see a REIT sponsoring another REIT. It was 196 times subscribed. The sponsor of DCR is Digital Realty Trust a REIT listed in United States which is the largest owner and operator of data centres globally. Market ISIN Code.

This means room for taking on cheaper financing from. 0 0. The Digital Core REIT IPO Portfolio is comprised of 10 institutional quality 100 freehold data centres concentrated within top-tier markets in the US. Nov 22 2021 Digital Core REIT Digital Realty Trust is moving forward with its plan to list a data centre-focused REIT in Singapore via an initial public offering IPO.

The IPO has been priced in the local currency at SGD121 per unit based on the exchange rate of USD100 to SGD1375 as determined by Digital Core REITs manager. DIGITAL CORE REIT DCRUSI. DIGITAL CORE REIT MANAGEMENT PTE. Digital Core REIT is a Singapore REIT established with the principal investment strategy of investing directly or indirectly in a diversified portfolio of stabilised income-producing real estate assets located globally which are used primarily for data centre purposes as well as assets necessary to support the digital economy.

Known as the Digital Core REIT it will be the second data centre-focused REIT to list on the Singapore Exchange SGX after Keppel DC REIT made its debut in 2014. SGX Mainboard SGXC50067435.

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