The lower NPI was mainly due to lower occupancy rate and a softer power revenue. However, this was partially offset by higher tenant fit-out revenue and positive forex impact.
NTT DC REIT (SGX:NTDU) has reported a distributable income of US$36.3 million in 9MFY2026 ended Dec 31, 2025, 0.4% higher compared against the adjusted IPO forecast of US$36.1 million.
Gross revenue was at US$106.0 million, 1.7% higher compared to the adjusted IPO forecast while net property income (NPI) was 0.6% below adjusted IPO forecast at US$47.1 million.

