Digital Core Reit

John Stewart, chief executive officer of Digital Core Reit's manager, says Singapore and Japan are potential growth targets.
TOPLINE

Digital Core Reit pivots to ‘offensive’ strategy, targets doubling asset base in 3 years

Its manager looks to capital recycling and sponsor-backed deals to scale

Suntec City Mall's Q3 rental reversion stands at 8.6%, moderating from 21.6% in the preceding quarter.
REIT WATCH

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 revenue is up 84.2% year on year to US$88.9 million for H1 FY2025.

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 reported full occupancy at its Northern Virginia (above) and Silicon Valley data centres, which account for 24% of its portfolio as at Mar 31.

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's data centre in Osaka, Japan. The manager says the deal supports the Reit's strategy to expand its presence in top-tier global data centre markets.

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

Data centre landlord Digital Core Reit's revenue dips 0.3% to US$102.3 million for FY2024.

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