The Business Times

Daiwa House Logistics Trust

Companies & Markets

Daiwa House Logistics Trust 9M distributable income drops 8.4% to S$23.4 million

Overall net property income rises 3.3% year on year

The trust maintains a portfolio occupancy of 93.2%.
Companies & Markets

Daiwa House Logistics Trust H1 DPU drops 8.6% to S$0.0224

Net property income for the half year stands at S$22.5 million

Gross rental income in yen is 0.1% higher at 1.39 billion yen for the period.
Companies & Markets

Daiwa House Logistics Trust posts 9.9% lower Q1 distributable income of S$8.2 million

Net property income of the overall portfolio for the quarter stands at S$11.1 million in Singdollar terms

Its half-year gross revenue is S$29.5 million, up marginally by 2% from S$29 million previously.
Companies & Markets

Daiwa House Logistics Trust H2 DPU drops 10.3% to S$0.0234

Declines come amid weaker Japanese yen

As at end-September, DHLT’s portfolio occupancy stood at 97.5 per cent, up from 96.6 per cent as at end-June.
Companies & Markets

DHLT posts 5.5% drop in distributable income to S$25.5 million for 9M FY2024

The fall, largely from currency fluctuations, is partially offset by contributions from the July acquisition of a cold-storage warehouse in Vietnam

Daiwa House Logistics Trust maintained a portfolio occupany of 96.6 per cent, with an aggregate leverage of 36.8 per cent.
Reits & Property

Daiwa House Logistics Trust posts 6.1% lower H1 DPU of S$0.0245

Net property income falls 8.2% to S$21.2 million

As at end-March, the Reit's portfolio occupancy stayed at 100 per cent.
Companies & Markets

Daiwa House Logistics Trust posts 0.6% higher Q1 distributable income

This is mainly due to realised gains from hedges

Gross revenue is down 2.9 per cent to S$29 million for the half-year period, weighed down by a weaker Japanese yen.
Companies & Markets

Daiwa House Logistics Trust maintains DPU S$0.0261 for H2

DAIWA House Logistics Trust’s (DHLT) distribution per unit (DPU) remained unchanged for the second half ended Dec 31, 2023, at 2.61 Singapore cents.

DPL Ibaraki Yuki, located in Yuki-shi in Ibaraki prefecture, has a net lettable area of 13,421 sq m and a 100 per cent occupancy rate.
Companies & Markets

Daiwa House Logistics Trust to acquire Japan warehouse from sponsor

DAIWA House Logistics Trust (DHLT) has entered into an agreement to acquire a freehold two-storey warehouse in Japan for 2.6 billion yen (S$24.1 million) from its sponsor, Daiwa House Industry.

Vietnam is one of the fastest-growing economies in South-east Asia, with an expected GDP growth of 5.8 per cent and 6.9 per cent in 2024 and 2025, respectively.
Companies & Markets

Daiwa House Logistics Trust buys Vietnam logistics asset for S$26.5 million

DAIWA House Logistics Trust (DHLT) has acquired a logistics asset in Vietnam for S$26.5 million from its sponsor, Daiwa House Industry.

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