Digital Core Reit expects minimal impact from US bankruptcy of 2nd-largest customer -
Levin - 06-06-2023
Chor Khieng Yuit
Senior Correspondent
UPDATED JUN 5, 2023, 10:55 PM SGT
SINGAPORE – Digital Core Reit, a pure-play data centre real estate investment trust (Reit) listed in Singapore, on Monday said it expects minimal impact on its earnings following news that its second-largest tenant, Cyxtera, had filed for bankruptcy in the United States on Sunday.
Cyxtera is the Reit’s second customer to file for bankruptcy, after Sungard, its fifth-largest tenant, did so in 2022.
https://www.straitstimes.com/business/sgx-listed-digital-core-reit-expects-minimal-impact-from-us-bankruptcy-of-second-largest-customer