Digital Core REIT’s top customers in portfolio consist of Fortune Global 500 cloud companies, global colocation and interconnection providers, social media platforms and IT services companies.
With the recently completed Frankfurt acquisition in December 2022, the Portfolio expanded from 16 to 23 strategically important customers, including multinational corporations and leading organisations in their respective sectors. The table below sets out selected information on the top ten customers by percentage of annualized rent as of 30 June 2022, including the Frankfurt data centre acquisition.
Notes:
(1) Based on the credit ratings of the customer parent entity. The direct customers may be the parent entities or their subsidiaries or affiliates and there can be no assurance that a customer parent entity will satisfy the customer’s lease obligations upon such customer’s default.
(2) Calculated based on a 90.0% stake in the existing portfolio and a 25.0% stake in the Frankfurt Facility