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.;