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NTT’s Data Center REIT Ends Flat In $773 Million Singapore Debut
SINGAPORE, JUL 14 – NTT DC REIT raised $773 million with GIC as a cornerstone investor, marking the largest IPO on the Singapore Exchange since 2017 and signaling renewed market interest.
- On July 14, 2025, NTT DC REIT debuted on SGX, the largest listing since 2017, marking a significant boost for Singapore's IPO market.
- Amid lacklustre listings, data centres are an area of phenomenal growth owing to AI and data storage needs, reflecting a positive investment climate.
- At 2 pm, trading started at US$1.02 per unit for NTT DC REIT, supported by Singapore's GIC and Japan's NTT Group, on the Singapore Exchange.
- After a 2.6% share gain, OCBC announced Helen Wong will retire on Dec 31, 2025, and she will be succeeded by Tan Teck Long, effective Jan 1, 2026.
- Frasers Property’s manager obtained SGX-ST clearance to delist FHT, received in-principle approval, and the privatisation scheme at S$0.71 per stapled security requires securityholder approval.
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New Strait TimesReposted by 
MSN
MSNData centre NTT DC REIT makes tepid debut after Singapore's biggest IPO in 4 years
SINGAPORE: Singapore's NTT DC REIT , a data centre real estate investment trust, had a lacklustre market debut on Monday after riding a wave of AI interest to raise US$773 million in the city-state's biggest IPO in four years.
·Malaysia
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Total News Sources15
Leaning Left0Leaning Right2Center5Last UpdatedBias Distribution71% Center
Bias Distribution
- 71% of the sources are Center
71% Center
C 71%
R 29%
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