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Digital Core REIT (DCREIT)
Broker's Calls
UOB Kay Hian ups Digital Core REIT’s TP to 99 US cents, says positive developments were ‘overlooked’
Analyst Jonathan Koh expects a downtown of six months for Linton Hall Road and a new tenant to start contributing in 1Q2026.
9 days ago
REITs
Digital Core REIT faces tenant exit for Northern Virginia property
The building is wholly occupied by the REIT's current customer, which contributed some 11% of annualised rent as at Sept 30, 2024.
16 days ago
Broker's Calls
UOBKH keeps ‘buy’ on DCREIT at raised TP of 95 cents from 88 cents previously
DCREIT has until early-December this year to decide on the size of its stake increase in its Frankfurt data centre at a lucrative NPI yield and steep discount to refreshed valuation.
October 30, 2024
Insider moves
Cohen & Steers exceed 8% stake in Digital Core REIT after latest purchase
Units in Digital Core REIT closed 1 US cent higher or 1.77% up at 57.5 US cents on Aug 7.
August 07, 2024
Broker's Calls
Citi and DBS upbeat on Digital Core REIT as demand for data centres in key markets remains robust
Both houses have kept their “buy” calls, and note positives from DCREIT’s recent acquisitions in Frankfurt and Osaka.
July 25, 2024
Broker's Calls
Digital Core REIT back on track to deliver stable earnings, DBS keeps 'buy' with TP of 75 US cents
Analysts note DCREIT’s 31% q-o-q increase in NPI and the completion of its Frankfurt and Osaka properties.
April 29, 2024
Tech
The data centre industry may have to find another source of power, which may be nuclear, says Digital Realty’s CTO
John Stewart, CEO of Digital Core REIT's manager, also said data centres will need more power for technologies such as gen AI.
February 15, 2024
Broker's Calls
DBS lowers Digital Core REIT’s TP to 75 US cents despite the lift in overhang
The REIT's FY2023 DPU stood in line with the DBS analysts' expectations.
February 07, 2024
REIT Watch
Digital Core REIT seeks to raise US$100 mil through private placement
The new units to be issued will increase the number of units in issue by up to14.8%.
February 07, 2024
Results
Digital Core REIT reports FY2023 DPU of 3.7 US cents, 15.9% below forecast
For 2HFY2023, DCREIT posted a DPU of 1.78 US cents, down 19.1% y-o-y.
February 01, 2024