- Demand for data centres in key markets remains robust with the lack of available capacity. Digital Core REIT’s presence in some of these key markets throughout the US, Canada, Europe, and Japan means it continues to benefit from such robust demand.
Exercised option to increase stake at the Frankfurt DC.
- - Read this at SGinvestors.io -
- - Read this at SGinvestors.io -
Option allows Digital Core REIT to acquire the additional stake at previously agreed price; valuations for the property have increased by ~20%, thus “a discount”.
- 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/ 2024-09-18
Previous report by DBS:
2024-07-25 Digital Core REIT - Core Earnings Back On Track.
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
