tiprankstipranks
Digital Core REIT Fills Toronto Facility to Capacity
Company Announcements

Digital Core REIT Fills Toronto Facility to Capacity

Digital Core REIT (SG:DCRU) has released an update.

Don't Miss Our Christmas Offers:

Digital Core REIT has secured a three-year lease agreement with an AI computing developer, filling its Toronto data center to full capacity by the first quarter of 2025 and boosting its overall portfolio occupancy. This deal is set to generate an annualized rent of approximately US$4.7 million, underscoring the growing demand for AI-optimized infrastructure. The move aligns with Digital Core REIT’s strategy to leverage core global data center markets to enhance shareholder value.

For further insights into SG:DCRU stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Singapore Auto-Generated NewsdeskDigital Core REIT Engages Unitholders in Strategic Meeting
TipRanks Singapore Auto-Generated NewsdeskDigital Core REIT Issues New Units for Fee Payments
TipRanks Singapore Auto-Generated NewsdeskDigital Core REIT Engages Investors Ahead of Key Meeting
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App