Equity Real Estate Investment Trusts (REITs)

DigiCore Reit USD

DigiCore Reit USD released FY2026 Q1 earnings on April 22 After-Market SGT, actual revenue USD 44.13 M, actual EPS USD 0.0041

DigiCore Reit USD FY2026 Q1 Earnings Release on April 22, 2026 After-Market (SGT)

DigiCore Reit USD released FY2025 annual earnings on February 4 After-Market (SGT), actual revenue USD 195.02 M (forecast USD 192.29 M), actual EPS USD 0.0355 (forecast USD 0.0322)

DigiCore Reit USD released FY2025 Q4 earnings on February 4 After-Market (SGT), actual revenue USD 21.32 M, actual EPS USD 0.0216

DigiCore Reit USD to Release FY2025 Earnings on February 4, 2026, After-Market SGT; Forecast Revenue SGD 192.04 M, EPS SGD 0.0321

DigiCore Reit USD released FY2025 Q3 earnings on October 22 After-Market (SGT), actual revenue USD 58.33 M, actual EPS USD 0.005

DigiCore Reit USD released FY2025 9 Months earnings on October 22 After-Market (SGT), actual revenue USD 137.09 M, actual EPS USD 0.0076

DigiCore Reit USD to Release FY2025 Q3 Earnings on October 22 After-Market SGT

DigiCore Reit USD released FY2025 Q2 earnings on July 23 After-Market (SGT), actual revenue USD 28.86 M, actual EPS USD 0.0076

DigiCore Reit USD released FY2025 Semi-Annual earnings on July 23 After-Market (SGT), actual revenue USD 74.03 M (forecast USD 116.84 M), actual EPS USD 0.009

DigiCore Reit USD to Release FY2025 Semi-Annual Earnings on July 23, 2025 (SGT), Forecast Revenue SGD 116.84 M

DigiCore Reit USD released FY2025 Q1 earnings on April 23 After-Market (SGT), actual revenue USD 45.17 M, actual EPS USD 0

DigiCore Reit USD to Release FY2025 Q1 Earnings on April 23 After-Market SGT

DigiCore Reit USD released FY2024 annual earnings on February 12 After-Market (SGT), actual revenue USD 118.88 M (forecast USD 133.46 M), actual EPS USD 0.1553 (forecast USD 0.034)

DigiCore Reit USD released FY2024 Q4 earnings on February 12 After-Market (SGT), actual revenue USD 39.81 M, actual EPS USD 0.1396

DigiCore Reit USD to Release FY2024 Earnings on February 12, After-Market SGT; Forecast Revenue 131.94 M SGD, EPS 0.0336 SGD

Digital Core REIT to Announce Q3 2024 Earnings on October 23, 2024

DigiCore Reit USD released FY2024 Q3 earnings on October 23 After-Market (SGT), actual revenue 32.98 M USD, actual EPS 0 USD

DigiCore Reit USD released FY2024 9 Months Earnings on October 23 After-Market (SGT), with actual revenue of 79.07 M USD and EPS of 0.0075 USD

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DCRU

Digital Core REIT's AGM on April 15, 2026, in Singapore saw unitholders approve all resolutions, including the adoption of FY2025 financial statements and reappointment of KPMG as auditor. The management emphasized Singapore as a key growth market and plans for minority investments in data centers. They highlighted prudent capital allocation strategies and a focus on acquisitions and buy-backs. The stock (SG:DCRU) has a Buy rating with a $0.93 price target, reflecting strong market confidence in the REIT's strategy and performance.

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Digital Realty Trust

Digital Core REIT Unitholders Back All AGM Resolutions, Eye Singapore Expansion

This weekend's newsletter discusses recent market fluctuations, including Brent crude oil prices and the RBA's interest rate hikes. It highlights a decline in consumer sentiment among retailers due to geopolitical tensions. Notable corporate updates reveal softening sales across various sectors. Additionally, lithium mergers and acquisitions are on the rise, with significant transactions reported. Data centre stocks also saw positive developments, including a major sale by DigiCo Infrastructure REIT, which aims to strengthen its balance sheet and fund expansions.

Market Index

Weekend Wrap: Corporate chatter, Lithium M&A and Data centre deals

RBC Capital has maintained a Buy rating on Digital Core REIT (DCRU) with a price target of $0.70, while shares closed at $0.52. Analyst Jonathan Atkin has a 10.0% average return and a 65.78% success rate. The overall analyst consensus for DCRU is a Strong Buy with an average price target of $0.78, indicating a potential upside of 51.46%. DBS also reiterated a Buy rating with a $0.70 target.

ROYAL BANK OF CANADA

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Crown Castle

Digital Core REIT (DCRU) Gets a Buy from RBC Capital

Digital Core Reit reported a flat distributable income of US$11.7 million for Q1, down 0.1% year-on-year. Revenue decreased by 0.2% to US$44.1 million, and net property income fell 4.9% to US$21.3 million. The decline was attributed to rental losses from the Linton Hall data center, which is undergoing redevelopment. Despite geopolitical uncertainties and rising costs, the Reit maintains a 97% occupancy rate and anticipates significant growth in 2027. Units closed at US$0.515, reflecting a discount to net asset value.

Businesstimes News

Digital Core Reit’s Q1 distributable income flat at US$11.7 million

DBS analyst Dale Lai has maintained a Buy rating for Digital Core REIT (DCRU) with a price target of $0.70. Lai, a 4-star analyst, has an average return of 5.2% and a 51.82% success rate. The overall analyst consensus for Digital Core REIT is a Strong Buy, with an average price target of $0.78.

Keppel Reit

Keppel DC Reit

Keppel

DBS Sticks to Its Buy Rating for Digital Core REIT (DCRU)

DigiCore Real Estate Trust's distributable income in the first quarter slightly decreased by 0.1% to USD 11.67 million, net real estate income fell by 4.9% year-on-year to USD 21.30 million, and revenue was USD 44.13 million, a slight decline of 0.2% year-on-year. Net profit attributable to unit holders surged by 160% to USD 5.40 million. DigiCore owns 11 data centers with a rental rate of up to 97% and a weighted average lease term of 4.4 years. The management company predicts that demand for data centers will grow significantly in the future. The unit price fell by 0.96% to USD 0.515

Zaobao

DigiCore Real Estate Trust's distributable income in the first quarter fell by 0.1% to USD 11.67 million | Lianhe Zaobao

UOB Kay Hian analyst Jonathan Koh has maintained a Buy rating for Digital Core REIT (DCRU) with a price target of $0.93. Koh, who specializes in the Real Estate sector, has an average return of 5.4% and a success rate of 62.24% on his stock recommendations. Digital Core REIT currently holds a Strong Buy consensus among analysts, with a price target consensus of $0.78.

UOB Kay Hian Sticks to Its Buy Rating for Digital Core REIT (DCRU)

NTDU

AJBU

Pure-play data centre S-Reits in Singapore, including Keppel DC Reit, Digital Core Reit, and NTT DC Reit, have shown strong financial performance due to high occupancy and rental growth driven by AI and cloud adoption. Keppel DC Reit reported a 55.2% increase in distributable income and a 9.8% rise in DPU, while Digital Core Reit and NTT DC Reit also maintained stable performances. Analysts have given 'buy' ratings on these Reits, citing strong demand and growth potential in the data centre sector.

NTT DC REIT USD

Data centre S-Reits stay resilient on AI tailwinds

DigiCore Real Estate Investment Trust (Digital Core REIT) announced that the distribution per unit for the second half of the year remains at 1.8 cents, with an annual distribution of 3.6 cents. Despite total revenue in the second half increasing by 61.6% year-on-year to USD 87.26 million, and annual revenue growing by 72.2% to USD 176.15 million, the distribution remains unchanged. The revenue growth is primarily attributed to the acquisition of a 15.1% stake in a data center in Frankfurt, Germany. The trust will distribute dividends on March 26, with the stock registration deadline set for February 12

DigiCore Real Estate Trust's dividend per unit in the second half remains at 1.8 cents | Lianhe Zaobao

DigiCore Reit USD(DCRU.SG)