PHOTO: DIGITAL CORE REIT[SINGAPORE] Digital Core Reit is proposing a major portfolio revamp to set up a maiden presence in Singapore and deepen its foothold in Japan, funded by the divestment of mature North American assets. In Apac, the Reit will acquire a 2.5 per cent interest in Digital Loyang 2 (11 Loyang Close) for S$87.4 million, marking its Singapore entry. A strategic shiftThe US$176 million redeployment into Asia marks a geographic shift for Digital Core Reit as it seeks to expand on its US$3 billion Apac pipeline. “(Digital Loyang 2) is a trophy quality asset,” said Stewart, who noted that Digital Core Reit will retain the right of first refusal. As at 2.40 pm on Wednesday, units of Digital Core Reit rose 6.3 per cent or US$0.03 to US$0.505, following the announcement.