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Digital Core REIT reports distributable income of US$34.4 mil for 9MFY2022, 3.4% lower than forecast

Khairani Afifi Noordin
Khairani Afifi Noordin • 1 min read
Digital Core REIT reports distributable income of US$34.4 mil for 9MFY2022, 3.4% lower than forecast
NPI stood 5.7% higher than predicted at US$53 million.
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Digital Core REIT has reported a distributable income of US$34.4 million ($48.46 million) for the 9MFY2022 ended September, 3.4% lower than the US$35.6 million forecasted.

During the period, the REIT reported revenue of US$80.7 million, 1.6% higher than forecasted, while net property income stood 5.7% higher than predicted at US$53 million.

Profit for the period stood 3.4% higher than estimated at US$33.4 million, while net profit attributable to unitholders came in 4.2% higher than forecasted at US$28.5 million.

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