Basic Profile & Key Statistics
- Main Sector(s): Logistics & Retail
- Country(s) with Assets: Japan
- of Properties (exclude development/associate/fund): 16
Key Indicators
Performance Highlight
Gross revenue and NPI are lower than IPO forecast due to the impact of weaker JPY/SGD forex. However, distributable income and DPU are able to meet the forecast mainly due to lower finance expenses, trust expenses and realized exchange gain.
Rental Reversion
Rental reversion is at 3% for FY22.
Divestment
Acquisition of DPL Iwakuni 1 & 2, D Project Matsuyama S and underlying freehold land of D Project Iruma S were completed on 8 Dec 2022.
Distribution Breakdown
- Distributable Income Breakdown:
- 4% from Operation
- 6% from Fees Payable/Paid in Units
- Distribution = 99.9% of Distributable Income
- Distribution to Perpetual Securities Holder = 2.7% of Distributable Income
Related Parties Shareholding
- REIT Sponsor's Shareholding: Below median for more than 20%
- REIT Manager's Shareholding: 0%
- Directors of REIT Manager's Shareholding: Below median for more than 20%
Lease Profile
- Occupancy: ± 5% from medianAdvertisements
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