Digital Core Reit
Q3 reporting season kicks off with growth in S-Reits’ distributions
[SINGAPORE] The latest earnings season for Singapore-listed real estate investment trusts (S-Reits) has commenced, with seven trusts reporting their latest financial results or business updates over t...
Digital Core Reit’s 9-month distributable income rises 1.9% to US$35.2 million
Revenue for the period climbed 83.9% to US$132.4 million
Digital Core Reit H1 DPU unchanged at US$0.018
This comes even as its distributable income rises 3.5% to US$23.4 million
Digital Core Reit’s Q1 distributable income rises 9.9% to US$11.7 million
Its revenue is up 79.9% at US$44.2 million; net property income grows 41.8% to US$22.4 million
Digital Core Reit acquires 20% stake in Osaka data centre for 13.2 billion yen
The purchase is expected to be about 1.8% accretive to the Reit’s distribution per unit
Digital Core Reit’s H2 DPU rises 1.1% to US$0.018
Revenue is up 9.8% at US$54 million; net property income grows 12.6% to US$31.4 million
Digital Core Reit to lose sole tenant at North Virginia property
The building’s current lease expires on Jun 30, 2025
Digital Core Reit acquires additional 15.1% stake in Frankfurt data centre
The total acquisition cost is around US$76.6 million
Digital Core Reit responds to unitholders on proposed acquisition of additional stake in Frankfurt data centre
Unitholders want to know, for example, the factors shaping the size of the acquisition, and why the facility’s valuation is higher
Digital Core Reit 9M distributable income rises 9.7% to US$34.5 million
Revenue falls 9.7% to US$72 million; net property income drops 11.3% to US$45.3 million
