Daily BriefsSingapore

Daily Brief Singapore: Digital Core REIT and more

In today’s briefing:

  • Digital Core REIT Placement – Taking a Turn for the Better After All the Negative News


Digital Core REIT Placement – Taking a Turn for the Better After All the Negative News

By Ethan Aw

  • Digital Core REIT (DCREIT SP) is looking to raise at least US$100m in its primary placement. The proceeds will be used to fund potential acquisitions and debt repayment. 
  • The deal will be a large one to digest at 72.7 days of three month ADV and 12.8% dilution.
  • In this note, we’ll run the deal through our ECM framework and comment on deal dynamics.

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