Digital Core REIT asset, 8217 Linton Hall Road (VA4), Northern Virginia. (Digital Core REIT)

Extraordinarily large volumes of married deals resulted in substantial changes to the unit prices of two Singapore-listed REITs at the close of trade on 16 September.

By the end of the trading day, IREIT Global fell by 5.72% while Digital Core REIT went the other direction to surge by about 4.5%.

IREIT Global is a Europe-focused landlord with mostly office and business park assets, while Digital Core REIT is a North American pure play data centre REIT.

Related: Digital Core REIT plunges 6.7% on unusually high volume of married deals

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By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.