The REIT is considering buying a 25% stake in a Frankfurt, Germany data center. It may lead the DPU for the first half of fiscal 2022 (1H2022) to increase by 2%, from US$0.0206 to US$0.021.
Moreover, the REIT was also proposing to acquire an 89.9% interest in the Frankfurt data centre and a 90% interest in a data centre in Dallas, USA. It may lead the DUP raised by 3.1% to US$0.0212.
datoldcat : Honestly believe Real Estate has been a false industry for decades. Artificially low interest rates have resulted in artificially high prices and rents which will eventually come crashing down. I don’ believe RIETS are a good investment imo!!
Felayt OP datoldcat : There are many types of REITs, like industrial and logistics REITs have been relatively stable in recent years. It may considered as a choice.