Digital Core REIT reports 1QFY2024 distributable income of US$10.6 mil, 2.4% lower y-o-y

The manager of Digital Core REIT has reported revenue of US$24.6 million ($33.5 million) for the 1QFY2024 ended March 31, 8.2% lower y-o-y.

Net property income (NPI) also fell by 9.5% y-o-y to US$15.8 million due to the lower revenue and higher property expenses.