Digital Core REIT has completed the acquisition of a 20% interest in a second fully-fitted freehold data centre in Osaka from Mitsubishi Corporation for JPY13 billion ($116 million). The acquisition is expected to be 1.8% accretive to Digital Core REIT’s distribution per unit (DPU) and is expected to increase aggregate leverage from 34.0% as at end-2024 to 37.3%.

The acquisition will increase Digital Core REIT’s annualised revenue contribution from Osaka from 7% as at end-2024 to 11% pro forma for the acquisition.