- Digital Core REIT's (DC REIT) 1H22 distribution per unit (DPU) of US$0.0206 was below its IPO projections due to higher interest cost.
- On a more positive note, Digital Core REIT announced the approval of its share buyback mandate, allowing it to purchase 10% of total units outstanding.
- Digital Core REIT targets to make its maiden acquisition from its sponsor's portfolio in Europe and US in 3Q22.
- Digital Core REIT currently offers a dividend yield of 4.8%. This could increase if an accretive acquisition is made in the coming months.