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The year’s top-performing S-Reit looks to repeat its act in 2024

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Raphael Lim

Raphael Lim

Published Mon, Dec 25, 2023 · 05:00 AM
    • John Stewart, CEO of Digital Core Reit's manager, expects the Reit's prospects to be brighter next year after resolving matters relating to a customer bankruptcy.
    • John Stewart, CEO of Digital Core Reit's manager, expects the Reit's prospects to be brighter next year after resolving matters relating to a customer bankruptcy. PHOTO: DIGITAL CORE REIT

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    CHRISTMAS may have come early for investors in Digital Core Reit .

    Units of the real estate investment trust (Reit) have been rallying over the past month-and-a-half, after the manager announced it had entered into agreements that would resolve the bankruptcy of its second-largest customer.

    It is the best-performing S-Reit for the year to date as at Dec 22, with its units gaining 15.5 per cent so far this year.

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