Photo from Shutterstock

Cohen & Steers boosts stake in Digital Core REIT

It acquired 3.6 million shares.

Cohen & Steers Capital Management acquired 3.6 million shares in Mainboard-listed Digital Core REIT for US$2.1m or US$0.5803 a piece.

The acquisition brings the wealth management firm’s deemed interest in Digital Core REIT to 8.14% or 106.1 million shares.

Before the acquisition, Cohen & Steers Capital Management had a deemed interest of 102.5 million shares or a 7.,8% stake in the REIT.
 

Join Singapore Business Review community

Follow the link for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.