Digital Core Reit jumps 14% to US$1 in SGX mainboard debut

Businesstimes2021-12-06

DIGITAL Core Reit opened at US$1 on its trading debut on the mainboard of the Singapore Exchange (SGX), some 13.6 per cent higher than initial public offering (IPO) price of US$0.88. Trading in units ...

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TWR
2021-12-06
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2021-12-06
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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDigital Core Reit jumps 14% to US$1 in SGX mainboard debut\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-06 15:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/companies-markets/digital-core-reit-jumps-14-to-us1-in-sgx-mainboard-debut><strong>Businesstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DIGITAL Core Reit opened at US$1 on its trading debut on the mainboard of the Singapore Exchange (SGX), some 13.6 per cent higher than initial public offering (IPO) price of US$0.88.\nTrading in units ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/digital-core-reit-jumps-14-to-us1-in-sgx-mainboard-debut\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"STI.SI","symbol_name":"富时新加坡海峡指数","start_time":0,"source_url":"https://www.businesstimes.com.sg/companies-markets/digital-core-reit-jumps-14-to-us1-in-sgx-mainboard-debut","article_id":"1104854885","we_media_id":null,"thumbnails":[],"rights":{"source":"lsy1607307803821","url":"https://www.businesstimes.com.sg/companies-markets/digital-core-reit-jumps-14-to-us1-in-sgx-mainboard-debut","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1104854885","pubTimestamp":1638774756,"sourceInfo":{"source_id":"lsy1607307803821","name":"The Business Times"},"weMediaInfo":null,"summary":"DIGITAL Core Reit opened at US$1 on its trading debut on the mainboard of the Singapore Exchange (SG","collect":0,"end_time":0,"defaultTopTitle":"businesstimes.com.sg","property":[],"viewcount":null,"language":"en","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"translate_title":"数字核心Reit在新交所主板首次亮相，跃升14%至美国1美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"STI.SI":0.9},"content_text":"DIGITAL Core Reit opened at US$1 on its trading debut on the mainboard of the Singapore Exchange (SGX), some 13.6 per cent higher than initial public offering (IPO) price of US$0.88.\nTrading in units of the pure play data centre real estate investment trust (Reit) commenced after the lunch break at 2pm.\nAs at 2.10pm, the counter rose to as high as US$1.01 with 24 million units traded.\nDigital Core Reit's IPO of 267 million units, comprising a placement tranche and a public offer, was 19.4 times subscribed, the Reit manager said on Dec 3.\nIts offer of 13.4 million units to Singapore retail investors under the IPO was around 16.1 times subscribed, with 10,736 valid applications for 214.8 million units.\nThe international placement tranche of 253.7 million units was about 19.6 times subscribed.\nIn addition, cornerstone investors have each entered into separate subscription agreements at the offering price for a total of nearly 414.8 million units. 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDigital Core Reit jumps 14% to US$1 in SGX mainboard debut\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-06 15:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/companies-markets/digital-core-reit-jumps-14-to-us1-in-sgx-mainboard-debut><strong>Businesstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DIGITAL Core Reit opened at US$1 on its trading debut on the mainboard of the Singapore Exchange (SGX), some 13.6 per cent higher than initial public offering (IPO) price of US$0.88.\nTrading in units ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/digital-core-reit-jumps-14-to-us1-in-sgx-mainboard-debut\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.businesstimes.com.sg/companies-markets/digital-core-reit-jumps-14-to-us1-in-sgx-mainboard-debut","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104854885","content_text":"DIGITAL Core Reit opened at US$1 on its trading debut on the mainboard of the Singapore Exchange (SGX), some 13.6 per cent higher than initial public offering (IPO) price of US$0.88.\nTrading in units of the pure play data centre real estate investment trust (Reit) commenced after the lunch break at 2pm.\nAs at 2.10pm, the counter rose to as high as US$1.01 with 24 million units traded.\nDigital Core Reit's IPO of 267 million units, comprising a placement tranche and a public offer, was 19.4 times subscribed, the Reit manager said on Dec 3.\nIts offer of 13.4 million units to Singapore retail investors under the IPO was around 16.1 times subscribed, with 10,736 valid applications for 214.8 million units.\nThe international placement tranche of 253.7 million units was about 19.6 times subscribed.\nIn addition, cornerstone investors have each entered into separate subscription agreements at the offering price for a total of nearly 414.8 million units. Among the 26 cornerstone investors are AEW Asia, Affin Hwang Asset Management, AIA Investment Management, AMP Capital Investors, Blackrock, Cohen & Steers Asia, DBS, DWS Investments Australia, FIL Investment Management Hong Kong, Fullerton Fund Management Company, Lion Global Investors, Nikko Asset Management Asia and Value Partners Hong Kong.\nSeparately, sponsor Digital Realty Trust has agreed to subscribe for over 428.8 million units at the offering price of US$0.88 apiece through a wholly-owned subsidiary. New York Stock Exchange-listed Digital Realty is one of the top 10 largest US-listed Reits and the largest owner and operator of data centre providers in the world.\nDigital Core Reit's initial portfolio comprises 10 freehold data centres in the US and Canada with a total appraised valuation of US$1.4 billion.\nThe initial portfolio has a total net lettable area (NLA) of 1.2 million square feet, with 4 of the data centres located in the Silicon Valley, another 3 in Northern Virginia, 2 in Los Angeles and 1 in Toronto.\nPortfolio occupancy is at 100 per cent, with weighted average lease expiry of the portfolio at 6.2 years based on base rental income for the month of June or 7.7 years by NLA as at end-June.\nThe Reit will have right of first refusal from its sponsor to a potential pipeline of over US$15 billion of data centres, both existing and under construction.\nThe Reit manager had forecast a distribution yield of 4.75 per cent for 2022 and projected a distribution yield of 5 per cent for 2023.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":608410494,"gmtCreate":1638775112654,"gmtModify":1638775112654,"author":{"id":"3576665118703921","authorId":"3576665118703921","name":"283f4d0e","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Tell me your opinion about this news...","listText":"Tell me your opinion about this news...","text":"Tell me your opinion about this news...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/608410494","repostId":1104854885,"repostType":4,"repost":{"id":"1104854885","pubTimestamp":1638774756,"share":"https://www.laohu8.com/m/news/1104854885?lang=&edition=full","pubTime":"2021-12-06 15:12","market":"sg","language":"en","title":"Digital Core Reit jumps 14% to US$1 in SGX mainboard debut","url":"https://stock-news.laohu8.com/highlight/detail?id=1104854885","media":"Businesstimes","summary":"DIGITAL Core Reit opened at US$1 on its trading debut on the mainboard of the Singapore Exchange (SG","content":"<div>\n<p>DIGITAL Core Reit opened at US$1 on its trading debut on the mainboard of the Singapore Exchange (SGX), some 13.6 per cent higher than initial public offering (IPO) price of US$0.88.\nTrading in units ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/digital-core-reit-jumps-14-to-us1-in-sgx-mainboard-debut\">Web Link</a>\n\n</div>\n","source":"lsy1607307803821","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDigital Core Reit jumps 14% to US$1 in SGX mainboard debut\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-06 15:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/companies-markets/digital-core-reit-jumps-14-to-us1-in-sgx-mainboard-debut><strong>Businesstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DIGITAL Core Reit opened at US$1 on its trading debut on the mainboard of the Singapore Exchange (SGX), some 13.6 per cent higher than initial public offering (IPO) price of US$0.88.\nTrading in units ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/digital-core-reit-jumps-14-to-us1-in-sgx-mainboard-debut\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.businesstimes.com.sg/companies-markets/digital-core-reit-jumps-14-to-us1-in-sgx-mainboard-debut","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104854885","content_text":"DIGITAL Core Reit opened at US$1 on its trading debut on the mainboard of the Singapore Exchange (SGX), some 13.6 per cent higher than initial public offering (IPO) price of US$0.88.\nTrading in units of the pure play data centre real estate investment trust (Reit) commenced after the lunch break at 2pm.\nAs at 2.10pm, the counter rose to as high as US$1.01 with 24 million units traded.\nDigital Core Reit's IPO of 267 million units, comprising a placement tranche and a public offer, was 19.4 times subscribed, the Reit manager said on Dec 3.\nIts offer of 13.4 million units to Singapore retail investors under the IPO was around 16.1 times subscribed, with 10,736 valid applications for 214.8 million units.\nThe international placement tranche of 253.7 million units was about 19.6 times subscribed.\nIn addition, cornerstone investors have each entered into separate subscription agreements at the offering price for a total of nearly 414.8 million units. Among the 26 cornerstone investors are AEW Asia, Affin Hwang Asset Management, AIA Investment Management, AMP Capital Investors, Blackrock, Cohen & Steers Asia, DBS, DWS Investments Australia, FIL Investment Management Hong Kong, Fullerton Fund Management Company, Lion Global Investors, Nikko Asset Management Asia and Value Partners Hong Kong.\nSeparately, sponsor Digital Realty Trust has agreed to subscribe for over 428.8 million units at the offering price of US$0.88 apiece through a wholly-owned subsidiary. New York Stock Exchange-listed Digital Realty is one of the top 10 largest US-listed Reits and the largest owner and operator of data centre providers in the world.\nDigital Core Reit's initial portfolio comprises 10 freehold data centres in the US and Canada with a total appraised valuation of US$1.4 billion.\nThe initial portfolio has a total net lettable area (NLA) of 1.2 million square feet, with 4 of the data centres located in the Silicon Valley, another 3 in Northern Virginia, 2 in Los Angeles and 1 in Toronto.\nPortfolio occupancy is at 100 per cent, with weighted average lease expiry of the portfolio at 6.2 years based on base rental income for the month of June or 7.7 years by NLA as at end-June.\nThe Reit will have right of first refusal from its sponsor to a potential pipeline of over US$15 billion of data centres, both existing and under construction.\nThe Reit manager had forecast a distribution yield of 4.75 per cent for 2022 and projected a distribution yield of 5 per cent for 2023.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":15,"commentSize":2,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.25.1","shortVersion":"4.25.1","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1104854885"}