Digital Core REIT (SG:DCRU) has released an update.
Don't Miss Our New Year's Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Digital Core REIT has announced that the lease option for its Northern Virginia property has expired unexercised, with the current tenant set to vacate by June 2025. This change could initially impact distribution per unit (DPU), but the company sees potential for long-term value through re-leasing or redevelopment. Investors may find opportunities in this transition as the real estate investment trust explores maximizing the property’s potential.
For further insights into SG:DCRU stock, check out TipRanks’ Stock Analysis page.
