Digital Core REIT Takes 20% Share of Japanese Data Centre

News about Digital Core REIT

Digital Core REIT is acquiring a 20% stake in a data centre in Osaka, Japan for ¥13 billion:

The Osaka data centre was purpose-built and completed in July 2021. It offers 19,900 kilowatts (kW) of critical IT load and is situated on sponsor Digital Realty’s Osaka connected data centre campus, servicing “a diverse community of leading hyperscale and technology companies”, according to a March 26 announcement.

Digital Core REIT
Price0.475 USD
NAV0.770 USD
Yield (4 quarters)7.58%
Gearing34.0%