Merrill Lynch (Singapore) purchased 7,500,000 shares in NTT DC REIT (SGX:NTDU) at a price range of 0.975 to 1.00 apiece, according to a Wednesday filing with the Singapore Exchange.
Shares of the REIT were up nearly 1% in recent trading.
The purchase was made on July 16 as principal or through dealers on Merrill Lynch's behalf, the filing added.