NTT DC REIT, backed by NTT Ltd., has launched an Initial Public Offering (IPO) seeking to raise approximately US$773 million. The Singapore-based data center real estate investment trust aims to scale ...

NTT DC REIT’s IPO was supposed to be a shot in the arm for Singapore’s flagging equity market, decried by analysts as “lackluster” due to its lack of growth stocks and tiny number of listings. NTT’s ...