Digital Core REIT Makes US$100 Million Private Placement

News about Digital Core REIT

Digital Core REIT has announced an increase in equity with a US$100 million private placement, that concluded at US$0.6250 per share:

About 75 per cent of the gross proceeds raised will be used to fund potential acquisitions, which may include acquiring an interest in a data centre located in Japan, said the manager.

Digital Core REIT
Price0.545 USD
NAV0.660 USD
Yield (4 quarters)6.79%
Gearing35.1%