Digital Core REIT - DBS Research 2022-09-23: Delivers On Its Acquisition Promise

Digital Core REIT - Delivers On Its Acquisition Promise

Published:
DIGITAL CORE REIT (SGX:DCRU) | SGinvestors.ioDIGITAL CORE REIT (SGX:DCRU)
  • Digital Core REIT (SGX:DCRU) announced their long-awaited maiden acquisition plans this morning. Similar to their guidance last quarter, Digital Core REIT aims to acquire 2 data centres (DCs) from its sponsor pipeline worth a collective total consideration of US$700m. The manager will be given 6 months to complete these acquisitions, and the size of the deal and way of funding the deal will be subject to overall cost of capital and market conditions.
  • - Read this at SGinvestors.io -
  • in the bull case scenario, acquire both DCs worth up to ~US$700m.
  • - Read this at SGinvestors.io -

Scenario1 – Debt-funded scenario: 25.0% interest in Frankfurt DC

  • Read more at SGinvestors.io.




Above is the excerpt from report by DBS Group Research.
Clients of DBS may access the full report in PDF @ https://www.dbs.com/insightsdirect/.




Dale LAI DBS Group Research | Derek TAN DBS Research | https://www.dbs.com/insightsdirect/ 2022-09-23



Read also DBS's most recent report:
2023-11-03 Digital Core REIT - Resolution To A Long-Standing Overhang.

Previous report by DBS:
2023-07-28 Digital Core REIT - Attractive Valuations & Near-Term Catalysts.

Price targets by other brokers at Digital Core REIT Target Prices.

Listing of research reports at Digital Core REIT Analyst Reports.

Relevant links:
Digital Core REIT Share Price History,
Digital Core REIT Announcements,
Digital Core REIT Dividends & Corporate Actions,
Digital Core REIT News Articles





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