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Daiwa House Logistics Trust reports distributable income of $27 mil for 9MFY2023, 2.2% higher y-o-y

Felicia Tan
Felicia Tan • 3 min read
Daiwa House Logistics Trust reports distributable income of $27 mil for 9MFY2023, 2.2% higher y-o-y
Net property income (NPI) for the same period stood at 3.5 billion yen ($31.7 million), 3.9% higher y-o-y. Photo: DHLT
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Daiwa House Logistics Trust (DHLT) has reported a gross rental income (GRI) of 4.1 billion yen ($37.2 million) for the 9MFY2023 ended Sept 30, 4.9% higher y-o-y.

Net property income (NPI) for the same period stood at 3.5 billion yen ($31.7 million), 3.9% higher y-o-y.

The higher GRI and NPI were due to contributions from properties that were acquired in December 2022.

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