- At its EGM held on 18 Nov 2022 morning, Digital Core REIT (SGX:DCRU) received overwhelming support for the proposed acquisition of a 25% stake in the Frankfurt DC. See Digital Core REIT's announcements.
- - Read this at SGinvestors.io -
What next for Digital Core REIT?
- At the current Digital Core REIT's share price of US$0.585 (~31% discount to NAV), it seems unlikely that Digital Core REIT will be able to carry out an EFR in the near term. However, Digital Core REIT will still have ample debt headroom to upsize its acquisition of the Frankfurt DC.
- - Read this at SGinvestors.io -
How else to drive DPU accretion?
- 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/ 2022-11-21
Read also DBS's most recent report:
2024-02-02 Digital Core REIT - Tenant Bankruptcy A Thing Of The Past.
Previous report by DBS:
2023-11-03 Digital Core REIT - Resolution To A Long-Standing Overhang.
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
