Daiwa House Logistics Trust (DHLT)

Results

Daiwa House Logistics Trust reports distributable income of $27 mil for 9MFY2023, 2.2% higher y-o-y

Net property income (NPI) for the same period stood at 3.5 billion yen ($31.7 million), 3.9% higher y-o-y.

Broker's Calls

DBS keeps Daiwa House Logistics Trust at 'buy' on high occupancy, healthy gearing

DBS maintains its “buy” call and 80 cents TP on Daiwa House Logistics Trust.

Results

Daiwa House Logistics Trust reports 1HFY2023 DPU of 2.61 cents, up 0.4% y-o-y

Unitholders will receive their DPUs on Sept 26.

New appointments

CEO of Daiwa House Logistics Trust’s manager resigns as part of succession planning

He will be replaced by Jun Yamamura, who will step into the role with effect from June 1.
Daiwa House Logistics Trust reports 2.5% higher distributable income of $9.1 mil - THE EDGE SINGAPORE

Results

Daiwa House Logistics Trust reports 2.5% higher distributable income of $9.1 mil

Net property income (NPI) rose by 0.1% y-o-y to JPY1.15 billion during the quarter.

Broker's Calls

DBS maintains 'buy' call for Daiwa House Logistics Trust, raises TP to 80 cents

The brokerage noted that the “worst is over” for the trust as the yen bottoms out.
Daiwa House Logistics Trust reports FP2022 DPU of 5.70 cents, in line with forecast - THE EDGE SINGAPORE

Results

Daiwa House Logistics Trust reports FP2022 DPU of 5.70 cents, in line with forecast

The trust’s DPU will be paid on March 30.
Weakening yen hits DHLT despite strong occupancy and long WALE: DBS - THE EDGE SINGAPORE

Broker's Calls

Weakening yen hits DHLT despite strong occupancy and long WALE: DBS

While the REIT did well in 3QFY2022, the weak JPY meant that its revenue and NPI were lower in SGD.

New appointments

Daiwa House Logistics Trust manager appoints Natalie Wong Chin Ping as Chief Financial Officer

Natalie Wong was announced as CFO of Daiwa House Asset Management Asia with effect from Sep 1
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