Digital Realty Trust: Digital Realty considering $300 million Singapore Trust IPO

Jun 10, 2021 | Posted by Eric Bell

According to a report from Bloomberg, Digital Realty is considering an Initial Public Offer (IPO) of a Singaporean trust that could raise between $300 million to $400 million. The report says Digital Realty is working with its advisers on the listing, and they are looking to conclude the IPO before the year ends.

Furthermore, it is said that the likely investment Company’s portfolio has a value close to $1 billion and the listed entity will own about ten data centers across the globe. Discussions are still ongoing about the IPO, and Bloomberg claims Digital Realty declined to comment when asked about the IPO.