A spokesperson for CapitaLand Ascendas REIT (SGX:A17U
) ’s (CLAR) manager says Equinix accounts for less than 1% of CLAR’s GRI. “Equinix is current with rents. We have more than 1,700 tenants and no concentration risk,” the CLAR spokesperson says.
Hindenburg Research, which focuses on “forensic accounting” and short-selling, has issued a report on data centre owner Equinix.
According to analysts, Equinix contributes around 2.3% to Mapletree Industrial Trust (SGX:ME8U) ’s gross rental income (GRI). It is not a customer for Digital Core REIT, a spokesperson says. A spokesperson for Keppel DC REIT's manager has also confirmed that Equinix is not a tenant in its data centres.
