Basic Profile & Key Statistics
Key Indicators
Performance Highlight
Gross revenue improved YoY due to the strong performance of its existing portfolio and the contribution from the newly acquired Tokyo DC 1. However, NPI remained similar YoY due to the loss allowance for Guangdong DCs. Distributable income and DPU have remained relatively stable, thanks to higher finance income from Australis DC note and the partial distribution of the DXC settlement sum, which offset the impact of the loss allowances and higher finance costs.
Acquisition
On 31 July, KDC completed the acquisition of the Japan Data Centre in Tokyo, expanding its property portfolio.
Related Parties Shareholding
The shareholdings for the sponsor and directors of the REIT manager are relatively low.
Lease Profile
WALE is relatively long, however, weighted average land lease expiry is relatively short.
Debt Profile
The cost of debt is low and debt is 100% unsecured. Additionally, the interest coverage ratio is high. However, there...