Digital Core REIT (SG:DCRU) has released an update.
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Digital Core REIT has announced that the lease option for its Northern Virginia property has expired unexercised, with the current tenant set to vacate by June 2025. This change could initially impact distribution per unit (DPU), but the company sees potential for long-term value through re-leasing or redevelopment. Investors may find opportunities in this transition as the real estate investment trust explores maximizing the property’s potential.
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