Daiwa House Logistics Trust

Daiwa House Logistics Trust posts 12.4% fall in Q1 NPI on weaker foreign currencies

Also cited for the decline is a lower contribution from its Japan portfolio

The trust maintains a portfolio occupancy of 93.2%.

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.

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

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

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

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

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.

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.