Shares & Derivatives
Digital Core REIT Review @ 31 October 2022
By REIT-TIREMENT  •  October 31, 2022
Basic Profile & Key Statistics
  • Main Sector(s): Industrial
  • Country(s) with Assets: United States & Canada
  • of Properties (exclude development/associate/fund): 10
Key Indicators Performance Highlight For 9M22, revenue, NPI and net profit attributable to unitholders are better than forecast amounts. However, distributable income is lower due to the lower distributable adjustments, no explanation is provided in this business update. Acquisition On 22 Sep, DCR announced the proposed acquisition of Digital Frankurt and 1215 Integrity Drive, which the acquisition action would depend on the funding scenario: Debt Funded Scenario or Equity Fund Raising Scenario. Both scenarios would be DPU accretive to unitholders and unitholders do not have to fork out funds for equity Equity Fund Raising Scenario. The EGM is expected to be held in Mid November to seek unitholders' approval. Related Parties Shareholding
  • REIT sponsor's shareholding: Above median for more than 20%
  • REIT manager's shareholding: Above median for more than 20%
  • Directors of REIT manager's shareholding: 0%
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By REIT-TIREMENT
I am Vince and welcome to my blog. I started this blog on 1st January 2019. Since the start of my investment journey, I have been fond of REITs because of its dividends. REITs allowed you to become a property landlord and get rental income without having to fork out large sum of initial capital, look out for tenant as well as manage the properties ...
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