- Rock solid sponsor
- Hot asset class (data centres)
- Good valuations (both yield and Price/Book)
- Triple net lease with built in rental escalations
- Blue chip tenants with 100% occupancy
- Low gearing (27%)
I usually try to wait until the final prospectus for an IPO is out before I write on it.
But then I saw rave reviews from the other financial bloggers, and very excited comments from readers who reached out.
So I decided to make an exception this time around.
And boy, was I blown away.
5 minutes of reading the preliminary prospectus for Digital Core REIT and it was already clear this was going to be “THE REIT IPO of the year”.
Spoilers alert – Digital Core REIT comes with: