Digital Core REIT (DC REIT)

Analysts maintain their ‘buy’ call on Digi Core REIT after acquisitions - THE EDGE SINGAPORE

Broker's Calls

Analysts maintain their ‘buy’ call on Digital Core REIT after acquisitions

DBS’s TP remains unchanged at 75 US cents while UOBKH has increased its TP to 88 US cents.
Digital Core REIT eyes acquisitions with US$15 bil pipeline in looming rate cut cycle - THE EDGE SINGAPORE

REITs Report 2024

Digital Core REIT eyes acquisitions with US$15 bil pipeline in looming rate cut cycle

Digital Core REIT focuses on lease management as rate tailwind supports acquisition pipeline

Insider moves

Cohen & Steers exceed 8% stake in Digital Core REIT after latest purchase

Units in Digital Core REIT closed 1 US cent higher or 1.77% up at 57.5 US cents on Aug 7.

REITs

Digital Core REIT acquires additional 10% stake in Osaka data centre for JPY7.73 bil

The total acquisition outlay is expected to cost the REIT JPY7.83 billion, including fees and the consideration.

REITs

Digital Core REIT proposes additional 24.9% acquisition of Frankfurt data centre

The EUR117 million acquisition is expected to enhance the REIT's portfolio diversification and overall portfolio credit quality.
Investment manager Cohen & Steers becomes substantial shareholder in Digital Core REIT after buying 0.83 mil units - THE EDGE SINGAPORE

Insider moves

Cohen & Steers becomes substantial shareholder in Digital Core REIT after buying 0.83 mil units (update)

Units in Digital Core REIT closed 1 cent higher or 1.55% up at 65.5 cents on Feb 5.

Right Timing

Risk-free rates remain high as Fed puts hikes on hold

Rising risk free rates are still a dampener for securitised assets like REITs, but the worst is over
Bids received for Cyxtera, Digital Core REIT’s second-largest tenant  - THE EDGE SINGAPORE

REITs

Bids received for Cyxtera, Digital Core REIT’s second-largest tenant

Bids for Cyxtera raises hopes that worst is over for Digital Core REIT

Global stocks

Digital Core REIT: Undervalued despite vacancy threats

Despite threat of vacancy from its 2nd largest tenant, Digital Core REIT's stressed NAV shows it is undervalued
×