Digital Core REIT IPO allocation outcome

The public tranche of Digital Core REIT (SGX:DCRU) IPO was 16.1x subscribed and as with oversubscribed IPOs in Singapore, the allocation is on a balloting basis. The table below shows the basis of allocation for the Singapore public offer: I applied for 10,000 units and was allocated 2,600 units. A quick check showed that the […]

Read More

Update on Digital Core REIT IPO application timeline

Since my last post on Digital Core REIT IPO, the IPO application details has been released as follows: IPO price: SGD1.21 per unit (based on exchange rate of US$1.00 to S$1.375, as determined by the Manager in consultation with DBS Bank Ltd.) The prospectus can be found here for more information. Those interested can apply […]

Read More

Upcoming pure-play data centre REIT: Digital Core REIT IPO

Digital Core REIT, a US real estate investment trust with a data centre portfolio, has filed a preliminary prospectus for its IPO on 22 November 2021. The offering comes with the issuance of 267,034,000 units at an indicative price of USD0.88 per unit. I read the prospectus so you don’t have to and here’s what […]

Read More