SGX Securities today welcomed the listing of NTT DC REIT on its Mainboard under the stock code "NTDU”.
NTT DC REIT is a Singapore real estate investment trust (REIT) established with the principal investment strategy of investing, directly or indirectly, in a diversified portfolio of established income-producing real estate assets located globally which are used primarily for data centre purposes, as well as assets necessary to support the digital economy. NTT DC REIT is sponsored by NTT Limited, which is part of the NTT Group, a major global IT services and telecommunications group with a leading global data centre business.
Yutaka Torigoe, Chief Executive Officer, NTT DC REIT Manager, said, “The listing of NTT DC REIT on Singapore Exchange marks a significant step in our growth journey and reflects our commitment to building a strong, future-focused platform. With the strong backing of our Sponsor and access to its global data centre portfolio, we are well positioned to pursue sustainable growth and deliver long-term value to our investors. We would like to thank everyone who played a part in making this listing a success. We look forward to engaging our investors and contributing to the vibrancy of Singapore’s capital market.”
Pol de Win, Head of Global Sales and Origination, SGX Group, said, “We are delighted to welcome NTT DC REIT to SGX. The listing taps into the immense growth potential of data centres, an asset class gaining strong investor interest globally. As the first REIT by a global tech powerhouse like NTT, it underscores Singapore’s position as Asia’s leading REIT hub. This listing not only reflects the strength of our market but also expands investment opportunities in digital infrastructure for investors worldwide.”
NTT DC REIT joins SGX as one of 41 listed REITs and property trusts, which collectively represent a market capitalisation of approximately S$94 billion.
NTT DC REIT opened at US$1.020 today.
