After a long wait of around seven years, Singapore Exchange finally saw its second pure-play data centre REIT being listed.
As a recap, the first pure play data centre REIT, Keppel DC REIT (SGX: AJBU), launched its IPO back in December 2014.
Back then, it was the only REIT that owned data centres within its portfolio.
Since then, other REITs such as Ascendas REIT (SGX: A17U) and Mapletree Industrial Trust (SGX: ME8U) have also added data centres into their respective portfolios.
However, Digital Core REIT (SGX: DCRU), which was just listed two weeks ago, now offers investors a new option when it comes to pure-play data centre exposure.
How do these data centre REITs stack up?
We compare the two to determine which may make a more attractive investment option for income-seeking investors.
Note: All USD:SGD conversions are using a rate of 1 USD: 1.37 SGD.
Portfolio composition
First, let’s look at each REIT’s portfolio composition....