Digital Core Reit acquires additional 10% interest in Osaka asset for 7.7 billion yen

News about Digital Core REIT
Digital Core Real Estate Investment Trust (Reit) has acquired an additional 10 per cent interest in a data centre located in Osaka, Japan, for 7.7 billion yen (S$68.9 million).

Its wholly owned subsidiary entered into a share purchase agreement with Japanese conglomerate Mitsubishi Corporation on Mar 29 and completed the acquisition on the same day, the Reit manager said in a bourse filing on Monday (Apr 1).
...read more on The Business Times
Digital Core REIT
Price0.475 USD
NAV0.770 USD
Yield (4 quarters)7.58%
Gearing39.2%