Data centres are becoming a growing trend over the past few years as everything is being migrated to the cloud. Taking Keppel DC REIT (SGX: AJBU) as an example, a pure data centre REIT, it has grown from an IPO of $0.93/share to $2.39/share, not forgetting a total collected dividend of $0.50545/share. This comes up to a total return of ~211% from 2015 to date.
With another pure data centre REIT joining the market, investors are joining into the hype, expecting a similar performance to what Keppel DC REIT had in the past. With such a strong sponsor backing the REIT up, investors are definitely excited to see what Digital Core REIT has to offer with its IPO. Let’s take a deep dive into the IPO prospectus and better understand the key risks and rewards with regards to Digital Core REIT’s IPO.
Digital Core REIT’s IPO portfolio includes 10 high-quality data centres spread across 4 top-tier markets in the USA. It is good to note that Digital Core REIT will