NTT DC REIT, a Singapore-listed Real Estate Investment Trust (S-REIT), offers a compelling proposition for investors seeking stable income and exposure to the booming global data center market. It seeks to raise up to US$773 million, with an IPO price of US$1 per unit, or S$1.276 per unit. Backed by NTT Group—one of the largest data center providers globally – NTT DC REIT’s IPO introduces a globally diversified portfolio of high-quality data center assets across key markets in the U.S., Europe, and Asia-Pacific and is Singapore’s largest REIT IPO in more than a decade.
Furthermore, GIC has committed US$100.9 million to the offering, subscribing to 100.9 million units as a cornerstone investor. Other cornerstone investors include Hong Kong-based Viridian Asset Management, AM Squared, Pinpoint Asset Management…
