Digital Core REIT's second-largest customer Cyxtera files for bankruptcy

News about Digital Core REIT
Digital Core REIT has announced today that its second-largest customer Cyxtera Technologies has filed for bankruptcy.

Cyxtera, a global colocation and interconnection provider, represents approximately US$16.3 million ($22.0 million) or 22.4% of Digital Core REIT’s annualised rental revenue; it is deployed across six data centres, representing 26.6% of the pure-play data centre REIT’s portfolio value.
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Digital Core REIT
Price0.485 USD
NAV0.780 USD
Yield (4 quarters)7.42%
Gearing39.0%