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Digital Core REIT buys stake in DLR’s Frankfurt hub but steps back on US purchase

With a current portfolio of 10 properties, Digital Core is currently amassing north of US$71 million in annualised rent.

By João Marques Lima

Founder and Editor, The Tech Capital

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December 02, 2022 | 12:19 AM GMT

Digital Core REIT buys stake in DLR’s Frankfurt hub but steps back on US purchase

John Stewart, CEO of Digital Core REIT. Source: Digital Core

The Tech Capital

Singapore data centre REIT Digital Core REIT (SGX: DCRU) said it will proceed with the acquisition of a 25% interest worth US$140 million in a Digital Realty-owned (NYSE: DLR) Frankfurt data centre valued at US$560 million.

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João Marques Lima

Founder and Editor, The Tech Capital

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