Digital Core REIT (DCRU) announced its business and operational update for the nine months ended Sep, 30 2025.
The trust recorded 9M25 distributable income of 35.2 million Singapore dollars, up 1.9 % from a year earlier. Revenue rose to 132.4 million Singapore dollars (+83.9 %), while net property income increased to 67.7 million Singapore dollars (+49.6 %).
As at Sep, 30 2025, the portfolio comprised 11 data centres with assets under management of 1.7 billion Singapore dollars and occupancy of 98 %. Weighted average lease expiry stood at 4.7 years. Aggregate leverage was 38.5 %, with 86 % of debt on fixed rates and no maturities until Dec, 2027. Debt headroom at the 50 % leverage limit was 431 million Singapore dollars.
During the period, the REIT repurchased 1.8 million units at an average price of 0.565 Singapore dollars, resulting in 0.1 % distribution‐per‐unit accretion. It also completed the acquisition of a 20 % interest in its second data centre on the sponsor’s Osaka connected campus.
The manager reported that total assets grew to 2.19 billion Singapore dollars as at Sep, 30 2025, while net asset value per unit stood at 0.78 Singapore dollars.
DigiCore Reit USD jumps 2.06% at 11:40 am, Oct 23.