Digital Core REIT to sell stakes in three US data centers back to Digital Realty, buys stake in two facilities in Asia

Digital Core REIT is selling its stake in several US data centers back to Digital Realty, and buying a stake in two more in Asia from the operator.

The company, a pure-play data center REIT listed in Singapore and sponsored by Digital Realty, announced today that it has reached an agreement to sell interests in three North American assets back to Digital Realty.

– Digital Core REIT

The firm will, in turn, use the proceeds to acquire partial interests in a data center in Singapore, up its stake in a data center in Osaka, pay down debt, and repurchase units on the open market.

The deal would see Digital Core REIT enter the Singaporean market for the first time.