Shares & Derivatives
Digital Core REIT (SGX: DCRU) is Down Over 50% Since IPO! What Happened To This Data Centre REIT?
By sgstockmarketinvestor  •  November 3, 2022
With the continuous interest rate hikes, it is not surprising that REITs are seeing a lack of investors’ interest. As interest rates increase, the cost of debt for REITs will increase as well. This will result in a lack of growth opportunities because the cost of debt might be higher than the return on investment. As such, REITs are less incentivized to make aggressive acquisitions, which will cause the overall REITs’ performance to slow down or even stagnate. Digital Core REIT (SGX: DCRU) was not spared from this as well but, they have recently announced a possible acquisition that might help accelerate the REITs growth. Let’s dive deeper and understand what happened to this REIT and if it’s still worthy of an investment based on its current circumstance. FY2022 Q3 Earnings FY2022 Q3 Earnings As Digital Core REIT had its IPO in December 2021, we can only compare its performance against the management’s...
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By sgstockmarketinvestor
Hey there! I’m Gavin! No I didn’t study in a business/finance school, neither do I have any background in business/finance. I did take POA in my secondary school but that’s about it. This is just my website where I share stock analyses as well as my journey in investing. Do take note that whatever I share is not a buy or sell call, and is purely just me sharing my thoughts. If you like what I do, please do support me by visiting and sharing my page often whenever I post my stock analyses.
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