Digital Core REIT's asset in Frankfurt. (Photo: Digital Core REIT)

Digital Core REIT has announced an intention to increase its stake in a data centre located in Frankfurt, Germany.

This acquisition is designed to enhance the REIT’s portfolio and strengthen its position in the European market.

According to its media release on 9 September, Digital Core REIT plans to raise its ownership in the Frankfurt data centre by acquiring an additional interest ranging from 0.2% to 40%.

Related: Digital Core REIT provides guidance on continuation of unit buy-backs

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By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.