Basic Profile & Key Statistics
Performance Highlight
Gross revenue, NPI, and distributable income to unitholders saw significant YoY improvement, mainly due to the absence of straight-line rent write-offs from a customer bankruptcy in 2H 2023, increased colocation income from the two Los Angeles properties, and contributions from the newly acquired properties in 2024. However, the loss of income from the divestment of 2401 and 2403 Walsh Avenue partially offset these gains. Despite an enlarged unitholder base, DPU improved slightly.
Rental Reversion
Rental reversion for FY24 was 4.3%, reflecting positive lease renewals.
Acquisition
In December 2024, Digital Core REIT completed the acquisition of an additional 15.1% interest in the Frankfurt facility at an 18% discount to its appraised value.
Related Parties Shareholding
REIT Sponsor's Shareholding: FavorableREIT Manager's Shareholding: FavorableDirectors of REIT Manager's Shareholding: Less Favorable
Lease Profile
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div>Debt Profile
Occupancy: ModerateHighest Annual Lease Expiry in 4 Years: FavorableWALE: ModerateWeighted Average Land Lease Expiry: Favorable
Adjusted Interest Coverage
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