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Digital Core REIT reports distributable income of US$11.7 mil for 1QFY2025, up 9.9% y-o-y

Nicole Lim
Nicole Lim • 1 min read
Digital Core REIT reports distributable income of US$11.7 mil for 1QFY2025, up 9.9% y-o-y
The REIT’s revenue grew 79.9% y-o-y higher to US$44.2 mil, but earnings dropped to US$2.1 mil. Photo: Digital Core REIT
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The manager of Digital Core REIT has reported a distributable income of US$11.7 million ($15.33 million) for the 1QFY2025 ended March 31, 2025, up 9.9% y-o-y.

The REIT's revenue for this quarter came in 79.9% y-o-y higher at US$44.2 million, up from the US$24.6 million reported in the same period a year ago.

Net property income stood at US$22.4 million, up 41.8% y-o-y, while profit for the period came in at US$5.37 million, down 47.1% y-o-y.

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