Distribution per unit for the July 14 to March 31 period was 5.56 US cents, 2.6% above forecast, thanks partly to lower borrowing costs. On an annualised basis, DPU would have been 7.81 US cents.
Analysts have raised their respective target prices for NTT DC REIT after it reported higher than expected numbers for its FY2026, thanks to higher tenant fit out income, higher co-location revenue, lower taxes and favourable forex.
For the year to March, revenue reached US$164.8 million, up 2.5% above the forecast provided at the time of its IPO last July, while net property income of US$74.9 million was 2.3% ahead.
