Applications for the Singapore public tranche of Digital Core REIT’s initial public offering (IPO) opens on 29 November at 9 pm.
The IPO has been priced in the local currency at SGD1.21 per unit based on the exchange rate of USD1.00 to SGD1.375 as determined by Digital Core REIT’s manager.
As reported by REITsWeek on 22 November, Digital Core REIT has filed a preliminary prospectus with the Monetary Authority of Singapore (MAS) to list a pure-play data centre REIT in-country.
Related: Digital Core REIT projects yield of 4.75% in 2022 for Singapore IPO listing
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