Cohen & Steers boosts stake in Digital Core REIT
It acquired 3.6 million shares.
Cohen & Steers Capital Management acquired 3.6 million shares in Mainboard-listed Digital Core REIT for US$2.1m or US$0.5803 a piece.
The acquisition brings the wealth management firm’s deemed interest in Digital Core REIT to 8.14% or 106.1 million shares.
Before the acquisition, Cohen & Steers Capital Management had a deemed interest of 102.5 million shares or a 7.,8% stake in the REIT.