Digital Core REIT’s $550 Million Credit Facility

Allen & Gledhill acted for the Manager.

Digital Core REIT (SGX: DCRU), in connection with its successfull US$977 million initial public offering, has completed a US$550 million term and revolving credit facilities, granted by Digital Core REIT Management Pte. Ltd. (“Manager”). 

Digital Core REIT holds a portfolio of 10 institutional quality, 100% freehold data centres located in the United States of America and Canada, with an appraised value of US$1.2965 billion. It is the only pure-play data centre Singapore REIT sponsored by a global listed data centre owner and operator, Digital Realty.

Digital Core REIT Management Pte. Ltd. operates as a real estate investment trust. It is sponsored by a global listed data centre owner, Digital Realty.

The Allen & Gledhill team Partner Ong Kangxin (Picture). 

Involved fees earner: Ong Kangxin – Allen & Gledhill LLP;

Law Firms: Allen & Gledhill LLP;

Clients: Digital Core REIT Management Pte. Ltd.;

Sonia Carcano

Author: Sonia Carcano