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Digital Core Reit eyes Asia-Pacific for growth

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Digital Core Reit was the largest IPO in Singapore in 2021, raising around $822 million.

Digital Core Reit was the largest IPO in Singapore in 2021, raising around $822 million in its listing on the SGX mainboard.

PHOTO: DIGITAL CORE REIT MANAGEMENT

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SINGAPORE – Digital Core Reit, a data centre real estate investment trust (Reit) listed on the Singapore Exchange (SGX), has laid the groundwork for its expansion into the Asia-Pacific region. 

The plans do not include Singapore at the moment, but the Reit’s chief executive John Stewart told The Straits Times in a recent interview that the Republic is on his radar for when the investment and financial conditions for data centres become more favourable here.

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