NTT DC Reit on will have to enter US $ 937 million in SBX’s reit IPO in a decade

Singapore – Japan telecommunicator Telegraph and telephone (NTT) is setting up to raise US $ 773 million (s $ 937 million) from the initial public offering (IPO) of real estate trust center

NTT DC Reit will include six data centers in Singapore, Austria and the United States with US $ 1.57 billion worth $ 1.57 billion. The NTT group is one of the largest information provider in the world with all the assets of 201 billion US.

NTT DC Reit’s offer will include 599.89 million units, Or just more than 58 percent, $ 1 US $ 1 per unit. This includes 569,89 million international importance in Institute and International Investor, and Another 30 million in Singapore in price $ $ $ $ $ $ $ $ $ $ $ $ $ $ 17.

In addition to the public offer, 7 investors have done to buy Corners2.77 million units, which represents 16.8 percent. They include Pinpoin Property, UBS Singapore, Singapore and GIC Guardian wealth funds.

GIC will buy 100.88 million units available for Cornerstone investors, making it a famous 9.8 percent of risk.

Separate from the sacrificial, NTT members also agreed to sign up for additional teams for 255.55 million units or 25 percent of all offering.

In total, NTT DC Reit proposal will include about 1.03 billion.

Reit unit is scroll to start trading on the big panel at 2 pm on July 14.

Yutaka Torogo, NTT DC Reit’s Administration Head of Aftering Singapore, says it has set up Global Asset Portfolios.

He added that the company planned to use capitalized capital to develop the new information center property in the stock at the time.

NTT DC Reit is the third data center reit to lists in Singapore, after Kepsel Reit and Digital Core Reit.

Before the launch of it on July 7, Manulife Office Play Agan Reit in Asia’s largest Asian United States of America, is the United States The US $ 599 million worth the time when it opened its IPO in 2020.

NTT DC of Registration is also available when SGX is starting to see more interest from investors and keen companies to register here

Local software technologies have seen successful display technology in Mainboard on Mainboard on 4th July, just one percent, one percent, one percent.

Other current list include Lum Chang Dang, Payment and Chinese Medical Mode.

The global data center data market expected double in size in 2032, hitting the estimated value of US $ 584.8.8 billion.

Despite the small geographical size, Singapore is ambitious to be the main player in this plan as part of digital transformation plan.

Energy and existing restrictions have made required requirements supply supply, resulting in a decrease of data center center. According to NTTC DC Reit, its Singapoon’s place in Seoonoon has 90 percent of possession rate.

Masayuki Ozaki, Chief of NTT DC Reit Aagan’s financial staff, said as a strong data center, and relevant to the world’s traffic. “

Expected to grow a new green data center growth In Singapore Can cost as much as 10 billion to $ 12 billion worth $ 12.