πππNTT DC REIT
$NTT DC REIT USD(NTDU.SI)$ is a pure play global data centre vehicle. Despite beating its initial IPO metrics last week by delivering a maiden DPU of 5.56 cents, the share price continues to trade flatly near its launch price.
Why? As long as global central banks keep interest rates higher for longer, the entire REIT sector faces intense macro headwinds.
However for dividend focused investor like me, its forward dividend yield of 10.8% is very attractive. I have put this REIT on my watch list.
@Tiger_SG @TigerStars @Tiger_comments
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