The Business Times
business-time-50

Corporate digest

Published Fri, Apr 22, 2022 · 05:50 AM

Digital Core Reit

PURE-play data centre real estate investment trust (Reit) on Thursday (Apr 21) posted US$12.1 million in first-quarter distributable income, beating its initial public offering (IPO) forecast of US$11.9 million by 1.9 per cent.

Gross revenue was 0.1 per cent lower than its IPO forecast, at US$26.5 million, for the first-quarter period. Net property income (NPI) beat its IPO forecast by 6.9 per cent, at US$17.9 million, for the same period.

Corporate Digest

TRENDING NOW

The 1960s-era complex sits in the 24-hectare HarbourFront precinct, which is being redeveloped as part of the government’s vision to develop the Greater Southern Waterfront.

Prima to move out of historic Keppel Road flour mill building in 2028

Seviora expects the integration to create a more connected and seamless platform for clients, partners and employees.

Temasek-related Azalea, SeaTown, Seviora Capital to merge in 2027

As family offices become more institutionalised, the community is also coming together and seeking deals once only available to institutions.

Family offices see more tailored products, leverage ‘collective firepower’ for direct deal access 

Business events and meetings in the weeks leading up to the race weekend are expected to have created spillover benefits.

Singapore room rates soar, but hotels seeing mixed demand from F1 race and events

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More