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Digital Realty-backed $1.4bn REIT to IPO in Singapore on Dec 6

Digital Core REIT, a new data centre infrastructure operator backed by Digital Realty Trust (NYSE: DLR) is to list on the Singapore Stock Exchange (SGX) on Monday, December 6, the company said in its prospectus. The new trust will, at launch, be comprised of 10 freehold data centres in the US and Canada which will give the company an enterprise value of approximately US$1.4...

December 03

Digital Realty files for Singapore IPO seeking $235m

Digital Realty (NYSE: DLR) has made the move to list a new vehicle on the Singapore Stock Exchange (SGX) by lodging its interest with the Monetary Authority of Singapore on Monday. The American REIT intents to list a data centre real estate investment trust (REIT) named Digital Core REIT, which would begin operations as a public entity in the SGX with a portfolio of ten fre...

November 23

Oracle opens new cloud regions in APAC and Middle East

Oracle (NYSE: ORCL) has added extra regions to its infrastructure footprint to support growing demand for enterprise cloud services. In APAC, the operator has opened the Oracle Cloud Singapore Region to serve the South East Asia market. The company has also announced the offering to 100 startups of US$30,000 each in Oracle Cloud credits over the next two years. The cloud...

November 10

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