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Daiwa House Logistics Trust reports FY2025 DPU of 4.33 cents, down 9.6% y-o-y

Teo Zheng Long
Teo Zheng Long • 2 min read
Daiwa House Logistics Trust reports FY2025 DPU of 4.33 cents, down 9.6% y-o-y
Weighted average lease expiry (WALE) of the portfolio remained relatively long at 6.6 years, backed by strong tenant base. Photo: Daiwa House Logistics Trust
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Daiwa House Logistics Trust (SGX:DHLU) (DHLT) has reported distribution per unit of 4.33 cents for FY2025, ended Dec 31, 2025, down 9.6% y-o-y

Net property income (NPI) was at $44.2 million, up 0.7% y-o-y. The slightly higher NPI was due to contribution from DPL Gunma Fujioka and full year contribution from D Project Tan Duc 2, partially offset by vacancies and weaker foreign currencies.

Distribution income, however, was lower by 9.4% y-o-y to $30.4 million due to higher interest costs and additional loans drawn for acquisitions, as well as the lower realised exchange gain.

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