Japanese Telco Giant NTT Weighs Data Centre Reit IPO on SGX Mainboard

Japanese telco giant NTT weighs data centre Reit IPO on SGX mainboard

If successful, NTT DC Reit would be the third data centre Reit to list in Singapore. Read more at straitstimes.com.

NTT has lodged preliminary prospectus to list REIT on Singapore Exchange

The IPO portfolio comprises six data centre assets located in the United States, Austria and Singapore, with a total appraised value of about $1.6bln

Japan’s NTT lodges listing prospectus for Reit, set to be Singapore’s largest IPO in four years

Japanese telco Nippon Telegraph and Telephone (NTT) is spinning off some of its data centres into a Singapore-listed real estate investment trust, or S-Reit, marking what is likely to be the largest Singapore listing in four years.