- We see lower risks of Cyxtera exiting its leases managed by Digital Core REIT (SGX:DCRU), Mapletree Industrial Trust (SGX:ME8U) and Keppel DC REIT (SGX:AJBU), as occupancies in those sub-markets remain well-above the 50% level.
What has happened?
Keen interest to acquire Cyxtera.
- - Read this at SGinvestors.io -
- - Read this at SGinvestors.io -
Our views
Cyxtera remains profitable and likely to affirm most leases.
- 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/ 2023-06-23
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